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Find all the economic and financial information on our Orishas Direct application to download on Play StoreIvory Coast has
signed its first sustainability-linked loan of 433.3 million euros (approximately
$504.6 million) with Standard Chartered Bank. Announced on Tuesday September 2nd
2025, the operation benefits from a double guarantee from the World Bank, through
the International Bank for Reconstruction and Development (IBRD) and
the Multilateral Investment Guarantee Agency (MIGA).
line-height: 107%; font-family: "Bookman Old Style”, serif"> Standard Chartered a
structured a loan linked to sustainable development of 433 million euros for the
Ministry of Finance and Budget of the Republic of Côte d'Ivoire, announcement
a press release issued on September 2, 2025.
This loan is backed by
the World Bank Group, acting through the Bank
International for Reconstruction and Development (IBRD) and the Agency
Multilateral Investment Guarantee (AMGI). Has Standard Chartered acted
as the sole lender and mandated lead arranger.
This loan, guaranteed by the World Bank Group, is the first of its kind granted to Côte d'Ivoire in the framework for its new financing system linked to sustainable development, launched in June 2025. It is also the very first transaction in combine an IBRD first loss guarantee and a second loss guarantee loss of AMGI.
Sujithav Sarangi,
Executive Director, Agency Development and Funding, Standard
Chartered said: “We are proud to support the Republic of Côte
of Ivory Coast with this historic loan, the first linked to sustainable development, in
as a sole lender. Fruit of close collaboration with the Ministry
of the country's Finances and Budget and the World Bank Group, this structure
innovative aligns funding with clear and measurable goals in the
framework for the new financing system linked to the sustainable development of
country. It shows how innovation.
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05/09/2025 - Secteurs
05/09/2025 - Secteurs
05/09/2025 - Secteurs
05/09/2025 - Secteurs
05/09/2025 - Secteurs
05/09/2025 - Secteurs
05/09/2025 - Secteurs
05/09/2025 - Secteurs
05/09/2025 - Secteurs
05/09/2025 - Secteurs
05/09/2025 - Secteurs