Early Warning System

Regions

Africa

Geographic location where the impacts of the investment may be experienced.

Countries

Ivory Coast

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

African Development Bank (AFDB)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Dec 17, 2024

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Government of Ivory Coast - Ministry of the Economy, Planning and Development (MEPD)

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Energy
Law and Government
Transport

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 32.01 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 30.5
Converted using 2024-12-17 exchange rate.

Project Cost (USD)

$ 96.03 million

Bank Documents

Appraisal Report

Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 6, 2025

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

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.

Early Warning System Project Analysis

For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Environmental Category: [3] Low Risk

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

African Development Bank (AFDB)

Finance Type: Standard loan
Commitments: EUR 30,500,000

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Kaouther ABDERRAHIM- BEN SALAH
Country Economist, ECCE1
African Development Bank
k.abderrahim@afdb.org
www.afdb.org