Country Overview

Over the course of the past four years, Côte d’Ivoire has made an impressive transition from crisis to relative stability, and from fragility and low equilibrium, to aspiring emerging economy status. Although some of the root causes of the conflict remain, there are high expectations that those will be tackled if the current transformation is maintained and the reconciliation agenda is intensified. The Government of Côte d’Ivoire expects to accelerate implementation of measures designed to improve social cohesion, develop human capital, build a resilient economy, support territorial development and promote regional synergies towards integration.

Political Context

In 2015, the government took important steps to attenuate political tensions and foster a climate of reconciliation and social cohesion. Political dialogue resumed between the government and the opposition and it is seen as a major step toward long-term stability. The renewed political dialogue brought the government and 16 opposition parties around the table and was focused on crucial domestic issues for peace and reconciliation.  President Alassane Ouattara has also established a commission to compensate victims of the post electoral crisis based on the recommendations of the previous Dialogue, Truth and Reconciliation Commission. Preparations are underway for presidential elections to be held on October 25, 2015.

Economic Overview

Côte d’Ivoire’s recovery since 2011 has been robust. Following a drop in real GDP of 4.7% during the post-election crisis in 2011, the economy grew at an average of 9% from 2012 to 2013 before slowing slightly to 7.9% in 2014. Real GDP per capita increased by more than 20% during the 2012-2014 period. All the main economic sectors contributed to GDP growth and employment. A combination of good weather conditions and the establishment of farm-gate floor prices for key export crops bolstered agricultural production. The rebound in agriculture was driven by an increases in cocoa, cashew, cotton, and other food-crop production (rice, plantain, cassava and corn). Industrial production increased across the board, driven by the implementation of major public infrastructure projects.

Social Context

During the period 1993 to 1999, the country experienced heightened social polarization, resulting from the marginalization of certain socio-cultural groups and the competition for increasingly scarce national resources, particularly agricultural land. The poverty incidence in Côte d’Ivoire slightly diminished from 48.9% in 2008 to 46.3% 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 48.9%. During this period, the increase in the depth and severity of poverty was dramatic. Poverty is projected to decrease to 46.3% in 2015 as the economy rebounds.  There are disparities in access to basic services, and gender disparities across wealth and urban-rural groups. The Ivorian population’s access to clean water and improved sanitation was estimated at 57% in 2009, far below the 81% target of the MDGs.  

Last Updated: Oct 22, 2015

World Bank Group Engagement in Côte d’Ivoire

In May 2010, a Country Partnership Strategy (CPS) was adopted by the World Bank Group’s Board of Directors aimed at addressing the following issues: governance, institutional capacity building, performance of the agricultural sector, improvement of the business climate, infrastructure renovations, and employment opportunities for youth. The CPS was scheduled for completion in June 2013 but was extended to June 2014.

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 singular decline of Côte d’Ivoire and the country’s main challenges going forward, with a view to identifying the binding constraints to sustainable and inclusive growth going forward.

The new CPF for Côte d’Ivoire, aligned with the SCD, will be presented to the World Bank Board by mid-September 2015. The preconditions and pathways to reduce extreme poverty and boost shared prosperity, which are highlighted in the SCD, are systematically woven into the CPF. The CPF is demarcated by a FY16-19 time frame, but encompasses a longer-term vision for the country’s development. Côte d’Ivoire’s development goals are ambitious, and the country is in a hurry to regain its growth momentum experienced previously. The World Bank Group (WBG) program will support specific areas, which are critical to eliminate the bottlenecks of the past, and accelerate vital reforms which will affect the quality of life for the majority of poor Ivorians. Consistent with the selectivity filters highlighted above, IDA will act as platform, knowledge generator, and financier of last resort. As of June 2015, total financing commitments for Côte d’Ivoire amount to $687million for 14 projects. These include 6 IDA projects totaling$488 million, 5 Trust Funds amounting to $49million and 3 regional projects amounting $150 million. In addition, there are 5 projects in the pipeline totaling$252 million. The Board approved 8 operations for Côte d’Ivoire in FY15 for five national projects amounting to $ 214 million and two regional projects (the Regional Trade facilitation and Competitiveness DPO, and the SWEDD) amounting to $ 80 million. The annualized disbursement rate for FY15 is 53%.

International Finance Corporation (IFC)

Since the end of the crisis in 2011, IFC has expanded its support to the financial sector, the agri-business 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: Oct 22, 2015

The previous CPS program for FY10-FY13 was reviewed in 2014. A progress report conducted in May 2013 (Report No. 77132-CI) adjusted the program to take into account political events since the CPS was prepared and added one year (FY14) to the program. The program made an important contribution in helping those affected by the conflict, and there were real gains in public financial management and in increasing transparency of public sector institutions. With the World Bank Group technical assistance, Côte d’Ivoire joined the Extractive Industry Transparency Initiative (EITI), increasing transparency in the oil, gas, and mining sectors. Also, decisive steps were taken to improve the business climate with support from the Bank and IFC.  IFC and MIGA supported increasing capacity in the energy sector through investment in oil, gas and power.


A $50 million IDA project, the Emergency Youth Employment and Skills Development Project (PEJEDEC), is currently being implemented. A 2014 satisfaction survey conducted six months after the end its activities indicated that 35% of young trainees, 34% of training recipients, and 27% of LIPW recipients have secured employment through fixed-term contracts (CDD) or indefinite contracts (CDI). Additional funding of $50 million has been approved by the Board on March 26, 2015 to scale up successful activities.

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 December 31, 2015. The PCAP is one of the government’s key instruments to consolidate peace, promote economic recovery and strengthen social cohesion.


The Emergency Infrastructure Renewal Project ($200 million), equally financed by the WBG and the Ivorian government, is helping to improve access to basic infrastructure in targeted urban and rural areas (Abidjan, Yamoussoukro, Korhogo, Bouaké, Abengourou, Soubré). Since 2012, the project achieved more than 180 programs in priority areas (urban and rural road infrastructure, drinking water, urban drainage, street lighting, infrastructure rehabilitation education and health).

Last Updated: Oct 22, 2015

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: Oct 22, 2015


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

*Amounts include IBRD and IDA commitments