Housing Finance in Côte d’Ivoire

Overview

This profile is also available in French here. To download a PDF full version of the 2020 Côte d’Ivoire country profile, click here.

Côte d’Ivoire’s economic growth has slowed but remained high at 6.86 percent in 2019, significantly above the West African Monetary Union (WAMU) average of 6.6 percent. However an economic slowdown in 2020 is likely, linked to the COVID-19 pandemic and the possibly of presidential elections that could weaken private sector arrangements. Growth could fall to 2.7 percent. Despite this, the government continues to implement its economic and financial programme, notably through reforms outlined in the National Development Plan 2016-2020, including a social and economic housing construction programmme.

However housing is becoming increasingly difficult to access in the economic capital. In 2015, housing-related spending accounted for about one-third of Abidjan household spending (compared to 14 percent nationally). Only a small proportion of Abidjan households are able to acquire housing. In Côte d’Ivoire, the housing supply is mainly made up of informal houses, built by the households themselves. Common yard housing and band houses are the most common forms of habitat in Abidjan. According to the World Bank, 56 percent of the urban population lives in slums.

To meet housing needs, the government has been involved for nearly a decade in the mass production of affordable homes (economic and social). To date, of the 150 000 economic and social housing units to be built by 2020, 15 000 have been delivered or are being delivered mainly on the outskirts of Abidjan.

Housing needs remain extremely high and are far from being met. The economic and social impact of the COVID-19 pandemic and the presidential elections at the end of October 2020 make the business climate relatively uncertain. However, regulatory reforms initiated at the beginning of the year support the development of the housing sector, providing an improved framework for supply development and private investment.

Find out more information on the housing finance sector of Cote d’Ivoire, including key stakeholders, important policies and housing affordability:


Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2020 edition, which has up-to-date profiles for 55 African countries.

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