Promoting youth employment
Improving healthcare and making it more widely available
Boosting sustainable agriculture
Supporting the private sector
With a population of 23 million and an economic growth of 8% per year since 2012, Côte d'Ivoire is the leading regional power in West Africa.
Côte d'Ivoire's economy has returned to grow and the country has solid assets: a young population, a powerful agricultural sector (it is the world's leading producer of cocoa and one of the leading producers of coffee, cotton and rubber), a coastline of 520 km and great potential for mineral resources. Moreover, Côte d'Ivoire has extensive infrastructures including a vast road network and the port of Abidjan, the second largest port in Sub-Saharan Africa.
However, there are several challenges to overcome. These include youth unemployment, poverty which affects over 46% of the country's population and major inequality in terms of access to social services (education and healthcare).
The government wishes to give the country a new ambition: it is thus carrying out significant reforms in the context of the National Development Programme (NDP) 2016-2020. The goal: stimulate growth and structurally transform the economy to obtain the status of "emerging country" in 2020.
Having been a partner of Côte d'Ivoire since 1954, AFD supports its transitions and the programmes implemented by the Ivorian government for durable and inclusive growth. Since 2012, its support has mainly been provided under two debt relief and development contracts (C2D) amounting to a total of €1.7bn. Other tools have been used: grants, loans to the public and private sectors, guarantees to banks, technical assistance and strategic dialogue. These actions are complemented by those of Proparco, a private sector subsidiary of AFD
In total, we have committed nearly €2.6bn since 2011.