🌍 Côte d’Ivoire Tops West Africa in World Bank Project Efficiency
Abidjan, July 1 (Xinhua) – The World Bank has praised Côte d’Ivoire for its exceptional management of a $5 billion development portfolio, placing the country at the top of the sub-region in terms of disbursement performance.
Following a high-level meeting with Ivorian Prime Minister Robert Beugré Mambé in Abidjan, Ousmane Diagana, the World Bank’s Regional Vice President for Western and Central Africa, lauded the nation’s strong results and reaffirmed the Bank’s commitment to further collaboration.
“As a strategic partner of Côte d’Ivoire, we will continue to collaborate in providing knowledge and advice,” Diagana said.
📈 Côte d’Ivoire Leads in Disbursement Rates
According to Diagana, Côte d’Ivoire currently ranks first in the sub-region in terms of disbursement—a key metric that reflects how effectively funds are being utilized for development.
“This opens up new prospects as the country finalizes its next national development plan,” he noted, commending the country’s strong and consistent project execution.
🛠️ Portfolio Focus: Human Capital, Agriculture & Climate Resilience
The World Bank’s ongoing projects in Côte d’Ivoire span across vital sectors, including:
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Education & Health – boosting human capital development
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Agricultural Value Chains – improving productivity and food security
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Infrastructure Development – upgrading transport and urban systems
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Private Sector Growth – enabling business-friendly reforms
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Climate Resilience – supporting sustainability and shock-responsiveness
This comprehensive approach is designed to foster inclusive and sustainable growth, ensuring that the nation remains resilient in the face of economic and environmental challenges.
🤝 A Promising Path for Future Development
With the next National Development Plan (PND) nearing completion, Diagana expressed confidence in Côte d’Ivoire’s future trajectory and assured continued World Bank support in shaping its long-term vision.
The recognition reinforces Côte d’Ivoire’s regional leadership in project governance, transparency, and development efficiency—offering a model for other African nations.
Source: https://english.news.cn
