The Ivorian rice sector is receiving new financial support. Ivory Coast has ratified a financing agreement worth more than 68 billion CFA francs with the Islamic Development Bank to boost rice production and processing.

At a meeting of the Council of Ministers on 4 March 2026 in Abidjan, the Ivorian government approved the ratification of a financing agreement signed on 1 September 2025 between the Ivorian State and the Islamic Development Bank. This agreement concerns the Rice Value Chain Development Project (PDCVR), financed to the tune of €104.2 million, or just over 68 billion CFA francs. 

The information was made public by government spokesperson Amadou Coulibaly following a cabinet meeting. According to him, this initiative aims to boost domestic rice production and significantly reduce imports of this staple food.

As part of its implementation, the project includes several actions designed to support the entire rice value chain. These include the development of hydro-agricultural sites to improve production conditions, as well as support for the production of high-quality seeds to increase yields.

The programme also includes equipping cultivation sites. In addition, there are measures to support paddy processing to improve the quality of local rice, as well as initiatives to facilitate the marketing of milled rice on the markets.

Furthermore, the project plans to strengthen research capacities and develop appropriate infrastructure in order to provide sustainable support for the Ivorian rice sector. 

Through these various actions, the authorities aim to improve the productivity of local rice and contribute to the country’s food security.

Source : Présidence de la République de Côte d’Ivoire, Abidjan.net, Gouvernement de Côte d’Ivoire