World Bank praises Cote d’Ivoire for effective use of development funding

The World Bank is satisfied with the management of its project portfolio in Cote d’Ivoire, which totals 5 billion U.S. dollars, Ousmane Diagana, the bank’s regional vice president for Western and Central Africa, said on Monday in Abidjan.

   “As a strategic partner of Cote d’Ivoire, we will continue to collaborate in providing knowledge and advice,” Diagana said after a meeting with Ivorian Prime Minister Robert Beugre Mambe.

   “In terms of disbursements, Cote d’Ivoire ranks first in the sub-region. This opens up new prospects as the country finalizes the preparation of its next national development plan,” said Diagana, highlighting the “strong performance” demonstrated by the West African country.   

The World Bank’s portfolio in Cote d’Ivoire covers key development areas, such as improving human capital, developing the agricultural value chain, enhancing infrastructure, promoting the private sector, and strengthening resilience to climate shocks.