Côte d’Ivoire will receive new support from the African Development Bank Group to strengthen governance and advance more inclusive and resilient economic growth. The Bank’s Board of Directors has approved financing aimed at helping the country deepen reforms that enhance transparency, improve public resource management, and ensure that national development benefits all Ivorians.
During its 19 November session in Abidjan, the Board authorised €38.92 million in financing, with €29.19 million coming from the African Development Bank and €9.73 million from the African Development Fund. This funding will support the Governance Support Project for the Promotion of Inclusive Growth (PAGOCI), which focuses on strengthening public policies, improving domestic resource mobilisation, and enhancing the efficiency and transparency of public expenditure.
According to Bank officials, the project is designed to promote strong, resilient, and inclusive growth by advancing gender- and climate-sensitive public policies, increasing the mobilisation of domestic resources, and ensuring a more transparent and efficient use of public funds. It aims to reinforce the country’s National Development Plan, improve budget programming aligned with macroeconomic stability, and strengthen the management and implementation of public investments through improved control mechanisms.
The initiative is expected to enhance the entire chain of public policy programming, planning, budgeting, monitoring, and evaluation. Strengthening oversight systems and ensuring sustainable public revenues are also seen as crucial for financing Côte d’Ivoire’s development ambitions, boosting investor confidence, and creating a stronger environment for private sector growth.
The country aims to achieve upper-middle-income status by 2030, supported by an ambitious National Development Plan for 2026–2030. The PAGOCI project plays a key role in reinforcing governance and financial management to meet these goals. Bank leadership has reaffirmed its long-standing commitment to supporting Côte d’Ivoire’s development and governance reforms.
Additionally, the project will strengthen institutional capacities in integrating gender and climate considerations into public investment decisions. It will further contribute to the development of Côte d’Ivoire’s Gender Strategy as part of the national policy for gender equality and equity.
