Flag of Côte d`Ivoire

ECONOMIC GROWTH

Three women in a cashew factory sorting cashew kernels
Women working in a cashew factory in Odienné, the North of Cote d'Ivoire
J. Debrimou/USAID

 

Boosting regional and global trade

USAID supports a regional approach to economic recovery in Côte d’Ivoire by focusing on increasing trade volume and value and decreasing trade barriers to help the country embrace the path of economic prosperity.  In addition, USAID assists export-ready firms in targeted value chains and works with regional partners to attract investment into the region to boost regional and global trade.  In recent years, USAID has helped the Government of Côte d’Ivoire to meet its obligations under the World Trade Organization Trade Facilitation Agreement.

Fostering job creation and inclusive growth

USAID develops public-private partnerships (PPP) to help bridge the financing and capacity gap for SMEs in Côte d’Ivoire. Through one such partnership, USAID and Entrepreneurial Solutions Partners are working together to foster job creation and inclusive growth by providing capital and building capacity. They are also promoting SME champions through targeted investments in high-impact value chains. This PPP aims to transform the entrepreneurial landscape and inspire a generation of youth and women leaders, creating approximately 2,500 jobs.  

Increasing power generation and energy access

Launched in 2013, the Power Africa Initiative works with African governments, public and private sector partners to remove barriers that impede sustainable energy development in sub-Saharan Africa. In Côte d’Ivoire, USAID supports the development of new power generation and mobilization of partnerships and investments.  

 

Power Africa’s Transaction and Reform Program has deployed subject-matter experts, known as transaction advisors, in country to help the Ivoirian government and other key stakeholders to improve power generation and access to electricity. The advisors also conduct research and advise the government to ensure effective gas supply for long-term power generation, as 70% of the electricity generated in the country comes from gas. In addition, the new West Africa Energy Program is expanding the supply and access to affordable and reliable grid-connected electricity services in order to advance inclusive economic growth, security, and improved health and education outcomes in Côte d’Ivoire. Finally, the Power Africa Off-Grid Project is supporting the  Ivoirian government and the private sector to increase access to electricity in rural areas through off-grid solutions. In particular, the project is helping the government develop its Renewable Energy Policy, off-grid strategy, and mini-grid regulations. 

 

Last updated: October 23, 2019

Share This Page