Original disclosure @ AFDB website
Updated in EWS Jun 6, 2025
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According to the Bank’s website, the project consists of an ADB loan of EUR 30,500,000 to the Republic of Cote d'Ivoire to finance the Inclusive Governance and Economic Transformation Support Programme Phase I (PATEGI-I). This programme is designed as a UA 75 million (equivalent to EUR 91.5 million) multisector programme support operation, covering the years 2024, 2025 and 2026. PATEGI will support the Government in these efforts, with particular focus on the transport and energy sectors, which are critical to the country's development. The programme is co-financed by the OPEC fund. The loan will be used to bridge part of the financing gap in the 2024 budget, estimated at XOF 1,775 billion, or around UA 2.2 billion (IMF, July 2024).
The programme's development objective is to contribute to accelerating economic growth by strengthening financial governance and economic competitiveness in Cote d'Ivoire. The programme will help to improve fiscal space, fight corruption and support the sustainable development of the transport and energy sectors. PATEGI is a three-phased programme-based general budget support operation. The proposed reforms are divided into two complementary and mutually reinforcing components: (i) expanding fiscal space and improving inclusive governance, with the first sub-component focusing on expanding fiscal space and public finance management, while the second addresses the fight against corruption, money laundering and the financing of terrorism; and (ii) improving competitiveness by strengthening governance in the transport and electricity sectors. This component has a sub-component on improving governance and accelerating the green transition in the transport sector and another on improving governance and accelerating the energy transition in the electricity sector.
Environmental Category: [3] Low Risk
Finance Type: Standard loan
Commitments: EUR 30,500,000
Kaouther ABDERRAHIM- BEN SALAH
Country Economist, ECCE1
African Development Bank
k.abderrahim@afdb.org
www.afdb.org