Winning an MCC compact: How Côte d'Ivoire went from rejection to approval

A woman holding the flag of Côte d’Ivoire. Photo by: Gwenael Piaser / CC BY-NC-SA

ABIDJAN —  Five years after rejecting its initial bid, the Millennium Challenge Corporation last month approved a $525 million compact to Côte d’Ivoire. The compact aims to promote economic development by investing in the country’s secondary education system and transportation networks.

With an additional government investment of $22 million, the compact is expected to benefit more than 11 million Ivorians, part of an effort by the country’s leadership to diversify the economy and build human capital.  Economic growth rates, despite being among the highest on the continent — an average of 9 percent gross domestic product growth annually over recent years — have been stifled by a continued reliance on raw commodities.

Should your team be reading this?
Contact us about a group subscription to Pro.

About the author

  • Christin roby

    Christin Roby

    Christin Roby is the West Africa Correspondent for Devex. Based in Abidjan, Côte d'Ivoire, she covers global development trends, health, technology, and policy. Before relocating to West Africa, Christin spent several years working in local newsrooms and earned her Master of Science in videography and global affairs reporting from the Medill School of Journalism at Northwestern University. Her informed insight into the region stems from her diverse coverage of more than a dozen African nations.

Join the Discussion