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    • The G-20 Compact with Africa: A Joint AfDB, IMF and WBG Report
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    • G20 Com­pact with Africa
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    • Toolbox: Instruments Avlb. to Support Private Investment in CWA Countries
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    • Africa Advisory Group Meeting - Chairs' Conclusion - May 2020
    • CWA Recent Trends in FDI and Cross-Border Investments - Oct 2019
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      Documents

      • The G-20 Compact with Africa: A Joint AfDB, IMF and WBG Report
      • Ger­many, the G20, pro­tec­tion­ism and the Com­pact with Africa
      • Germany and IMF Strengthen Capacity Development Cooperation in Africa

      Documents

      • G20 Com­pact with Africa
      • G20 Finance Ministers and Central Bank Governors on Compacts
      • Toolbox: Instruments Avlb. to Support Private Investment in CWA Countries
      • Toolbox 2: Instruments Avlb. to Support Private Investment in CWA Countries

      Documents

      • Africa Advisory Group Meeting - Chairs' Conclusion - May 2020
      • CWA Recent Trends in FDI and Cross-Border Investments - Oct 2019
      • CWA WBG - Implementation Plan - Oct 2019
      • G20 CWA - Independent Review by the African Center for Economic Transformation - Oct 2019
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Cote d’Ivoire

Cote d’Ivoire

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Cote d’Ivoire has experienced an impressive turnaround since 2012, with growth averaging 9 percent during 2012-15, accompanied by prudent fiscal policies and debt management, improved access to capital markets, and the return of foreign direct investment. Over the past four years, Cote d’Ivoire has gained 40 positions in the Global Competitiveness Index, 35 places in the World Bank’s survey-based “Doing Business” ranking, and 6 spots in the World Economic Forum’s Enabling Trade index. The 2016-20 National Development Plan (NDP) aims to consolidate the conditions for strong and inclusive growth and poverty reduction through investment in infrastructure and social sectors, as well as the structural transformation of the economy by the private sector. 

 

Key Indicators
 Population, millions  25 
 GDP per Capita, U.S. dollars  1621
 GDP Growth, percent
 7.8
 Inflation, end of period, percent  0.83
 General Government Debt, percent  47
 Global Competitiveness Ranking 2017-18  n/a
 Doing Business Ranking, 2019  122
*Figures are for the period 2017, unless otherwise indicated.
 

Country Websites

The Investment Promotion Agency
Ministry of Economy and Finance
Ministry of Budget and State Assets
Ministry of Planning and Development
Ministry of Industry and Mining
National Institute of Statistics
The Central Bank of West African States

Partner Websites

Cote d’Ivoire and the AfDB
Cote d’Ivoire and the IMF; IMF Technical Assistance Center
Cote d’Ivoire and the WBG

Cote d'Ivoire Reform Matrix April 2021
IMF Report on Cote d'Ivoire July 2019
Cote d'Ivoire—Presentation to the G-20 Deputies April 2017
Latest IMF Report on Cote d'Ivoire January 2018
Prospectus June 2017
Cote d'Ivoire Policy Matrix February 2018
Cote d'Ivoire Policy Matrix September 2018


Agriculture

  1. World top cocoa producer, cashew producer, and Africa’s first rubber and second palm oil producer

  2. Agricultural production in key commodities (cashew and rubber) has doubled in last decade

  3. Only 40% of arable land is currently used, leaving room for additional expansion in agriculture for exports and food production

  4.  Low level of industrialization/transformation in the main crops indicate opportunities for investment in processing and to build capacity of the agribusiness segment to enhance value-add potential

  5. Attractive incentives under the new Investment Code

  6. Favorable climate: a very agri-friendly soil, with temperate and tropical conditions conducive to many crops

  7. Regional integration momentum provides growing customer base in WAEMU for the country’s agricultural production; and growing world population to continue to make food a priority for years tocome, both in Africa and globally


Infrastructure

  1. Extensive road development program (total cost of US$ 6.46 billion (Euro 5.73 billion) between 2016 and 2020); includes the improvement and renovation of 3,916 km of interurban asphalt roads.

  2. Public Private Partnerships: 114 major transformational projects—US$ 23 billion (EUR 11.8 billion) approximately

Specific initiatives

  1. Expansion of Abidjan airport

  2. Rehabilitation and operation of the Abidjan-Ouagadougou-Kaya railway axis

  3.  Construction and operation of the Second Container Terminal in Abidjan TC2, and the construction of a multipurpose industrial terminal

  4. Expansion and optimization of San Pedro portProject to provide water to Greater Abidjan area


Energy

Côte d’Ivoire intends to double its current energy capacity (from 2000 MW to 4000 MW by 2020). Opportunities exist in:

  1. Thermal/gas-fired plants

  2. Hydropower with untapped potential: for example Louga: 275 MW; Bouloumere: 150MW; Tiboto: 200 MW; Aboisso-Comoe: 150 MW; Gribopopoli: 110MW

  3. Renewable energy (biomass) using the country’s sizable waste from cocoa, palm oil, and cashew

  4. Energy Distribution Network: extension, development and maintenance of the distribution network under PPP arrangements


Mining

  1. Largely unexploited mining resources (gold, nickel, manganese, iron ore, bauxite, cobalt, etc.)

  2. Gold reserves approximately 600 tons

  3. 3 billion tons of iron ore deposits in Mt Gao (close to Guinea border)

  4. Construction of railway (cost US$1 bn) to transport minerals and unlock the mining potential

  5. Direct and indirect business to over 200 local SMEs

  6. Greater transparency in the process of awarding mining Concessions


See Full Prospectus


 

Country

Siaka Fanni

s.fanny@finances.gouv.ci


African Development Bank

Serge N'Guessan

s.nguessan@afdb.org

 

Nelnan Koumtingue

n.koumtingue@afdb.org


International Monetary Fund

Celine Allard

callard@imf.org

 

Jose Gijon

jgijon@imf.org


World Bank Group

Pierre Laporte

plaporte@worldbank.org

 

Jean-Noel Amantchi Gogoua

jgogoua@worldbank.org

 

Cassandra Colbert

ccolbert@ifc.org

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