African banks and the development of Côte d'Ivoire
The case of the ADB Group and BOAD 1963-1993
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The African Development Bank Group and the West African Development BankDevelopment Bank were created by African heads of state to finance the development of their to finance the development of their countries. Côte d'Ivoire, a founding member of of these two development banks has benefited from several of their loans during our period under review (1963-1993) for the financing of its development programmes and development programmes and projects in the agriculture sector, the transport infrastructure sector the transport infrastructure sector, the industrial and banking sector and in the pub...
The African Development Bank Group and the West African Development BankDevelopment Bank were created by African heads of state to finance the development of their to finance the development of their countries. Côte d'Ivoire, a founding member of of these two development banks has benefited from several of their loans during our period under review (1963-1993) for the financing of its development programmes and development programmes and projects in the agriculture sector, the transport infrastructure sector the transport infrastructure sector, the industrial and banking sector and in the public and social sector and in the sector of collective and social equipment. The private sector in Côte d'Ivoire has the private sector in Côte d'Ivoire has also benefited from loans from these development banks. The financing granted to the private sector increased from 0.02% of GDP in 1983 to 0.07% of GDP in 1992. The share of the ADB Group and BOAD in the Investment and Equipment Budget of Côte d'Ivoire has increased from 0.8% in 1979 to 23% in 1992. From 0.8% in 1979 to 23.85% in 1993. This growth in the rate of participation of the two banks in the of the two banks in the BSIE is due to the economic, financial and social crisiscrisis experienced by the country during this period.
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