Côte d’Ivoire secures 80 billion USD investment for 2026-2030 development plan

Côte d’Ivoire secures 80 billion USD investment for 2026-2030 development plan
Africa

Côte d’Ivoire secures 80 billion USD investment for 2026-2030 development plan

The West African nation has secured a historic 47,820 billion FCFA (80 billion USD) to fund its National Development Plan 2026-2030, a milestone praised by President Alassane Ouattara.

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Côte d'Ivoire secures 80 billion USD investment for 2026-2030 development plan

Ivorian President Alassane Ouattara expressed strong satisfaction with the outcomes of the Consultative Group meeting for the National Development Plan (PND) 2026-2030. The initiative successfully mobilized 47,820 billion FCFA—equivalent to 80 billion USD—far exceeding the original target of private sector financing sought.

The Head of State highlighted that this achievement underscores the global community’s confidence in Côte d’Ivoire’s economic trajectory and developmental prospects. He reaffirmed the government’s commitment to channeling these funds into tangible progress, particularly in enhancing infrastructure and expanding economic opportunities nationwide.

The PND 2026-2030 outlines six core pillars: peace and security, agricultural transformation, private sector growth, human capital development, infrastructure expansion, and strengthening governance. The roadmap aims to transition Côte d’Ivoire into an upper-middle-income economy by 2030, targeting a GDP per capita of $4,500 and reducing poverty to below 20%.

The landmark funding round drew participation from over 2,000 investors representing 49 countries, converging in Abidjan to deliberate on financing strategies for the ambitious national agenda.

theafricantribune