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Speech by Dr Sidi Ould Tah, President of the African Development Bank Group, at the launch ceremony of the Advisory Group on Resource Mobilisation for Côte d’Ivoire’s National Development Plan (PND) 2026–2030

· Sidi Ould Tah, President of the African Development Bank Group (International)

Summary written by Dark Majestic in its own words · topics: financial stability, climate, energy and nature, development and emerging economies, growth, investment and productivity

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· Sidi Ould Tah Wiki · African Development Bank Group WikiSpeech by Dr Sidi Ould Tah, President of the African Development Bank Group, at the launch ceremony of the Advisory Group on Resource Mobilisation for Côte d’Ivoire’s National Development Plan (PND) 2026–2030

ContextSpeech in Abidjan at the launch of an advisory group that will raise funding for Côte d'Ivoire's National Development Plan 2026–2030.

Why it mattersA model the bank may repeat: helping a member country raise money for its national plan.

Problems raised
  1. Côte d'Ivoire's development plan needs large funding.
  2. Resources must be mobilised for six priority pillars.
  3. Infrastructure and climate resilience need investment.
Solutions proposed
  1. Launch an advisory group on resource mobilisation.
  2. Support the national development plan.
  3. Back agriculture, private investment and human capital.
Read the speech summary

1. Praise for Côte d'Ivoire and the national plan

Speaking in Abidjan as a group of advisers on raising money for Côte d'Ivoire's 2026-2030 national plan was launched, African Development Bank President Sidi Ould Tah thanked the host country for housing the bank and praised President Ouattara's transformation of the economy: average growth above 6% over a decade, controlled inflation, fiscal consolidation, a better business climate and major infrastructure. The 2021-2025 plan delivered gains in infrastructure, access to electricity and water, agriculture and inclusive growth despite shocks. The new plan has six pillars covering peace, agriculture, private investment, people and jobs, infrastructure and climate resilience, and governance, with priorities of industrialisation, jobs for young people and women, and a green transition.

2. The bank's commitment

Guided by its four cornerstones and the New African Financial Architecture, the bank pledged to help mobilise resources across public projects, private initiatives and public-private partnerships, using lending, guarantees, private capital instruments and technical support.

Read full speech on afdb.org ↗

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