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Home » Blog » African Development Bank backs Côte d’Ivoire digital platform to improve private investment reporting
Technology

African Development Bank backs Côte d’Ivoire digital platform to improve private investment reporting

The One-Stop Shop for Private Investment Reporting, known by its French acronym GUDIP

3 months ago
3 Min Read
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XOL Africa
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ABIDJAN, Côte d’Ivoire (XOL Africa) — The African Development Bank Group is supporting Côte d’Ivoire’s efforts to strengthen economic governance and improve investment policy through the launch of a digital platform designed to centralize and analyze private investment data.

The One-Stop Shop for Private Investment Reporting, known by its French acronym GUDIP, was officially launched July 10 during a national event and stakeholder workshop in Abidjan.

The platform is being implemented by Côte d’Ivoire’s Investment Promotion Centre, CEPICI, under the Programme to Support the Improvement of the Business Climate in Côte d’Ivoire, or PACA-CI.

The program is financed with $14.2 million, equivalent to 7.89 billion CFA francs, from the African Development Fund, the concessional financing arm of the African Development Bank Group.

The launch brought together representatives from the private sector, public administration, professional organizations, CEPICI, and technical and financial partners.

Developed for the Ministry of Economy, Finance and Budget through the Directorate General of the Economy, GUDIP will centralize private investment information and improve the reliability and analytical value of data used by government authorities.

The platform is expected to strengthen monitoring of private investment, support evidence-based policymaking and improve the management of investment promotion policies.

The digital system will also help the government assess the contribution of private investment to the national economy, produce economic trend analyses and prepare Côte d’Ivoire’s annual private investment report.

Officials said the platform would strengthen the government’s ability to design, monitor and evaluate investment promotion policies while improving coordination among public institutions.

The initiative comes as Côte d’Ivoire seeks to attract greater private-sector investment under its 2026-2030 National Development Plan.

The plan envisages total investments of nearly $209 billion, or about 115 trillion CFA francs, with 70.2% expected to come from the private sector and 29.8% from public investment.

Through the development plan, Côte d’Ivoire aims to achieve upper-middle-income country status by 2030.

The African Development Bank said the GUDIP platform represents more than a technical upgrade, describing it as a strategic tool for improving the governance of private investment and creating a more attractive business environment.

The initiative is expected to provide policymakers with more reliable information to guide investment decisions and help ensure that private capital contributes more effectively to the country’s economic and development priorities.

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