Côte d'Ivoire is the second biggest economy in West Africa after Nigeria. The country is the main supplier of cocoa in the world. It also exports oil, tropical fruits and tuna.
Serious challenges remain in terms of improving the business climate and poverty reduction. Human development indicators remain relatively weak and unemployment is high.
The EU is the largest trading partner and the largest private investor in Côte d'Ivoire. This strong interdependence is accompanied by close political relations, based on shared values, common interests and shared views on the treatment of major regional and global issues.
Despite several episodes of severe political turmoil, the EU's support to Côte d'Ivoire has been constant. We are working closely with the Ivorian government to maintain a peaceful and prosperous Côte d'Ivoire that will be able to confirm its role as a regional hub of stability and growth. The EU therefore supports the government's efforts for national reconciliation, strengthening the rule of law and good governance and socio-economic recovery of the country.
The 11th European Development Fund (EDF) National Indicative Programme (NIP) allocated €273 million for the 2014-2020 funding period. The focal sectors are:
- State building and peace consolidation (€60 million): the focus is on justice, civil registry, fiscal reform and youth employment.
- Agriculture (€60 million): the aim is to contribute to land tenure reform and to support food crop value chains.
- Energy (€139 million): 2 major projects include the expansion of electricity networks in Abidjan, San Pedro and Bouake; and construction of a new national dispatching centre.
Programmes foreseen under the 11th EDF regional envelope:
- Trade, private sector and regional integration (€8 million): to enhance competitiveness.
- Road maintenance and transport facilitation (€4 million): financing agreement signed in June 2017.
- Road infrastructure (€13 million): for the Boundiali-Kani road (135 km)
- Western Africa Policy information system (€27 million): to increase the capacity of West African law enforcement authorities.
The country is also a beneficiary of funding from the EU’s Instrument for Stability (IfS).