The deputies of the Foreign Affairs Committee of the Ivorian National Assembly unanimously adopted, on Tuesday, October 27, 2026, in Abidjan, the bill authorizing the Head of State to ratify the Regional Energy Compact agreements concluded with the United States.
The program amounts to 322.5 million dollars over five years. The Millennium Challenge Corporation is to provide 300 million dollars in the form of a grant, while Côte d’Ivoire plans a national contribution of 22.5 million dollars.
The vote does not correspond to the signing of new funding. The regional Compact was signed on September 16, 2025, and a second implementation agreement was concluded on April 16, 2026. The parliamentary stage initiated this week is intended to complete ratification before November 12, 2026.
The official MCC budget allocates $245.4 million to the energy project itself. Other funds include $51.8 million for program administration and $2.8 million for monitoring and evaluation.
In the budget allocated to the project, $165.5 million is designated for the modernization of the Ivorian electrical grid. The development of the regional market is to receive $39.45 million, and support for Côte d’Ivoire’s participation in regional trade amounts to $40.45 million.
The announced investments are intended to finance network tools and equipment, operational technologies, and battery storage capacities. The program also includes support for the necessary reforms for the functioning of the West African electricity market.
The discussions in the committee focused on the tax exemptions provided for by the agreements, their effects on public finances, and the possible consequences for consumers. The Minister Delegate in charge of African Integration, Adama Dosso, indicated that these exemptions fall under the provisions applied to funding granted in the form of donations.
The MCC presents Côte d’Ivoire as the third largest electrical system in West Africa and a significant exporter in the region. The program aims to support the creation of a regional market with exchanges organized the day before for the following day, while improving the stability of the national grid.
The financial plan provides for an Ivorian contribution of 4.5 million dollars per year over the five years of the Compact, for a total of 22.5 million dollars.
