Country Overview

Côte d’Ivoire’s economic performance has been impressive over the past four years with a robust GDP growth which resulted in a decline in poverty. The government adopted a new national development plan for the 2016-2020 period, in addition to its National Development Plan (NDP) 2016-2020 which encompasses major structural reforms to achieve a sustained private sector led and inclusive growth, along with the structural transformation of the economy. The NDP 2016-2020 builds on lessons learned in the 2012-2015 NDP implementation, and aims at achieving the emerging economy status for Côte d'Ivoire in 2020, with a substantially reduced poverty rate.

Political Context

President Ouattara reshuffled his cabinet on January 6, 2016, two months after he was re-elected for a second five-year term on October 25, 2015. President Ouattara seeks to deepen national reconciliation and draw up a new constitution which he plans to put to a referendum in the course of 2016. The President has also indicated that the country will vote in legislative and municipal elections in late 2016. The government priorities include redistributing uneven wealth and tackling high youth unemployment.

On March 13, 2016, a deadly terrorist attack occurred at the Grand Bassam beach resort. It was the first terrorist attack in the country’s history.

Economic Overview

With GDP growth reaching 8.4% in 2015 and projected at 8.5% in 2016, economic activity maintained its dynamic pace across all sectors benefitting from a robust aggregate demand and a surge in both private and public investments. In agriculture, production increased across major crops such as cocoa (36%), coffee (16%), cashew nuts (18%) and sugar (12%); benefiting from price guarantee schemes for farmers and the implementation of private-public production boosting programs. The overall industrial production index rose by 10.5%, with the manufacturing and construction sub-sector indices rising respectively by 10 and 23%. In services, the index of turnover in the retail sector rose by 7%, telecom subscribers increased by 14%, and the components of transport services also grew. This reflects the outcome of business environment reforms, public investment programs and the increases in households’ income.

Social Context

The poverty incidence in Côte d’Ivoire slightly diminished from an estimated 51% in 2011 to 46% in 2015 in response to the recent rebound of economic growth. Between 1985 and 2008, the estimated share of the population living below the poverty line increased from around 10% to about 49%. During this period, the increase in the depth and severity of poverty was dramatic. The findings of the 2015 Living Standards Monitoring Survey (LSMS – ENV2015) indicate that poverty has decreased to 46% in 2015 as the economy rebounds as a result of improved conditions in both rural and urban areas. Poverty continues to be overwhelmingly rural with disparities in access to basic services, and gender disparities across wealth and urban-rural groups.

Last Updated: Apr 13, 2016

World Bank Group Engagement in Côte d’Ivoire

In September 2014, the World Bank Group conducted a series of consultations with a large and diverse group of stakeholders under the new Systematic Country Diagnostic (SCD) process.  The SCD played a central role in informing the new Country Partnership Framework (CPF). Its primary objective was to explain the decline of Côte d’Ivoire and identify the binding constraints to sustainable and inclusive growth going forward.

Cote d’Ivoire last Country Partnership Framework (CPF) was approved by WBG Board of Executive Director’s on September 29, 2015. The CPF proposes a World Bank lending program of up to $1 billion and International Finance Corporation (IFC) financing of up to $1 billion over a four-year period. It will support Côte d’Ivoire in creating a competitive and inclusive economy, while MIGA is open to analyzing new guarantees. The CPF reflects two pathways and five prerequisites identified in the Systematic Country Diagnostic to achieve the goal of eliminating extreme poverty and boosting shared prosperity.

The first entails the creation of better quality jobs through sustainable private sector-led growth in agriculture, agribusiness, and the non-agribusiness sectors. The second pathway to attain inclusive growth is to build human capital by improving the efficiency and quality of spending in education, health, social protection, and improving access to basic services while strengthening the quality of labor needed for private sector growth. The five main prerequisites are: (a) continued social and political stability; (b) macroeconomic stability and debt sustainability; (c) land market reform; (d) financial sector development and inclusiveness; and (e) improved governance.

The World Bank’s total commitment for Côte d’Ivoire as of February 28, 2016 (including regional and Trust Funds), is $858 million for 18 projects. The portfolio is composed of 8 International Development Association (IDA) projects totaling $638 million, 5 Trust Funds amounting to $55 million and 5 regional projects amounting to $165 million.

International Finance Corporation (IFC)

Since the end of the crisis in 2011, IFC has expanded its support to the financial sector, the agribusiness sector, and the infrastructure sector. It has committed to providing a $125 million loan for the Azito III Project to increase the country’s energy capacity. Moreover, the IFC will be active in the agricultural industry, supporting cash crops and food production. The financial sector will benefit from investment and technical assistance, and support for the infrastructure sector is being considered.

Multilateral Investment Guarantee Agency (MIGA)

MIGA played an instrumental role in attracting private sector investment in an IDA country that was still perceived as high risk. Currently, MIGA has $756 million of gross exposure ($274 million of net exposure) in the country, covering a number of critical energy and infrastructure projects.  In 2012, MIGA issued $165 million in guarantees for the Henri Konan Bédié Bridge project. This is a high-profile and high-impact project that is expected to have significant benefits, including creating jobs, easing severe traffic congestion, and reducing fuel consumption as well as costs. In addition, MIGA is supporting the upstream expansion of the oilfield Block CI-27 through improvements to the existing Foxtrot offshore platform with system enhancements and the addition of a new platform, Marlin, to ensure a reliable and continuous supply of natural dry gas for local market consumption. MIGA is also covering the conversion and expansion of the Azito power plant and the Azalai hotel project.

Last Updated: Apr 13, 2016

The World Bank Group’s assistance strategy aims to increase investments and growth as well as improve social indicators.  Below is a snapshot of selected programs that have been able to improve lives in Cote d’Ivoire.


 A $50 million IDA project, the Emergency Youth Employment and Skills Development Project (PEJEDEC), is currently being implemented.  PEJEDEC was launched in 2010 with an initial $50 million IDA grant, as Côte d’Ivoire emerged from a decade of violent conflict culminating in one of the worst post-electoral crisis in Africa. Additional funding of $50 million has been approved by the Board on March 26, 2015 to scale up successful activities.

At the completion of the initial funding in June 2015, PEJEDEC created employment opportunities for about 26,670 vulnerable youth, 34% of whom are women.   It also supports professional skills training aimed at improving the employability of youth and provides them a chance to gain work related experience, increasing their potential for future wage earning opportunities. Job openings are listed on the project website and applications are reviewed and selected through a transparent process.

Peace and Reconstruction

Since 2007, the Bank has been supporting Côte d’Ivoire through the Post Conflict Assistance Project (PCAP). This $150 million IDA project, of which $30 million has been provided in additional financing, will close on June 30, 2016. As of January 2016, the project benefited 39,350 vulnerable youth who participated in socio-economic reintegration activities, while 928 communities had access to improved social and economic infrastructure. Overall, PCAP have reached 600,000 direct beneficiaries as of January 2016, out of 760,000 end target number.  The project is one of the government’s key instruments to consolidate peace, promote economic recovery and strengthen social cohesion.


Since its launch in November 2012, the Emergency Infrastructure Renewal Project for Cote d'Ivoire (known under its French acronym as PRICI) has improved  access to basic infrastructure in targeted urban and rural areas (Abidjan, Yamoussoukro, Korhogo, Bouaké, Abengourou, Soubré)    As the first phase of a holistic crisis response program, the project supported  the costs associated with supporting the Government of Côte d'Ivoire  in a 15-year $2 billion capital districts program which is  addressing  the impact of years of political economic turmoil on large segments of the Ivorian population in terms of access to and quality of basic infrastructure and services.

Under the project, 62 km of roads were constructed or rehabilitated, and electricity, public lightning, water, and sanitation were also completed. In addition, 55 schools and 20 health centers were rehabilitated. At the end of February 2016, 16,700 people had access to electricity, which is beyond the end of project target of 15,000 people.

Furthermore, rural infrastructure also benefited from the project with the rehabilitation of 1,124 km of rural roads against an initial target of 700 km. An additional 424 km to connect the regions of Gbèkê and Gontougo to the Bassawa/Serebou bridge were funded by the government using additional counterpart funds. This has connected more than 300 villages to all-weather roads, and helps transport more than 350, 000 tons of cocoa, 500,000 tons of yam, and 70,000 tons of cashew towards urban centers and the port of San Pédro.

Last Updated: Apr 13, 2016

Donor coordination mechanisms at the sectorial level are effective, but will need to be consolidated with increasing donor support. Donors are currently organized around 14 sectorial working groups, which include mechanisms and technical teams to ensure their functioning. These working groups collaborate well, especially during project preparation, and are complemented by cooperation around specific instruments. For example, the WBG, the International Monetary Fund (IMF), and the European Union (EU) have coordinated closely in the design of policy-based operations since 2011. The WBG has also coordinated closely with the EU, the French Development Agency (AFD) and other key donors such as the Government of France in the design of investment programs. With increasing support and donor engagement, the need for effective sectorial and cross-sectorial coordination remains essential. 

Last Updated: Apr 13, 2016


Côte d’Ivoire: Commitments by Fiscal Year (in millions of dollars)*

*Amounts include IBRD and IDA commitments