Development FinanceIslamic FinanceMDB Trade Loans and GuaranteesTrade Finance
ITFC and Côte d’Ivoire sign $750 million framework agreement to support National Development Plan
Devanshee Dave·June 19, 2026
- The International Islamic Trade Finance Corporation (ITFC) and the Government of Côte d’Ivoire signed a $750 million Framework Agreement to support the National Development Plan 2026–2030 and promote private sector-led growth.
- The new agreement triples the size of the previous 2023 agreement, reflecting expanded collaboration between ITFC and Côte d’Ivoire.
- Current sovereign operations include a €90 million energy financing facility supporting petroleum and gas procurement for electricity generation, enhancing Côte d’Ivoire’s energy security.
- A €25 million facility supports the National Pharmacy in improving access to essential medicines and strengthening the pharmaceutical supply chain.
- ITFC is expanding private sector trade finance through partnerships with local banks, including Bank of Africa Côte d’Ivoire, Bridge Bank Côte d’Ivoire, and Coris Bank Côte d’Ivoire.
Development FinanceIslamic FinanceMDB Trade Loans and GuaranteesTrade FinanceSub-Saharan Africa