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Public procurement: Côte d'Ivoire records an increase of 27.3% in the amount

16/04/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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A statement from the Council of Ministers published on Wednesday, April 9, 2025 mentions that in Côte d'Ivoire, the balance of public procurement operations for the year 2024 shows an increase of 4.2%

of the number of contracts awarded compared to 2023.

Le The total amount of contracts approved at the end of December 2024 in Côte d'Ivoire reached 1.403 billion CFA francs (2.4 million dollars), an increase of 27.3%. The total number of approved contracts also grew by 4.2%, reaching 5288 in December 2024 against 5510 markets in 2023, according to the press release. The same source indicates that “the value share of contracts awarded to small and medium-sized enterprises (SMEs) fell from 45.4% at the end of December 2023 to 34.9% at the end of December 2023 to 34.9% at the end of December 2024, a decrease of 10.5 points. However, in terms of numbers, SMEs obtained 4165 contracts compared to 3130 under 2023 management. Compared to 2023 management, the number of SMEs holding contracts increased by 62.7%, from 1108 to 1803 in

2024.”
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