Ivory Coast Launches FCFA 100 Billion Technological Innovation Fund
Under the banner "Ivory Coast Digital Crossroads", the initiative positions the West African nation as a regional tech hub and reaffirms its commitment to building a resilient, knowledge-based economy.
In a landmark announcement at the IvoryTech Forum 2025, Côte d’Ivoire unveiled the launch of a new Technological Innovation Fund, backed by FCFA 100 billion, to drive digital transformation and support local innovation.
Under the banner “Ivory Coast Digital Crossroads”, the initiative positions the West African nation as a regional tech hub and reaffirms its commitment to building a resilient, knowledge-based economy.
Speaking during the event, Kalil Ibrahim Konaté highlighted the strategic significance of this launch, describing it as a “giant move” for the country’s digital ambitions. The fund is expected to fuel startup incubation, support research and development, and attract both local and foreign investors to Ivory Coast’s burgeoning tech ecosystem.
This latest step aligns with the vision of President Alassane Ouattara, whose administration has prioritized digital transformation as a pillar of national development. Through this fund, the government seeks to create a thriving environment for ICT innovation, job creation, and digital infrastructure expansion.
Observers and stakeholders across the region have hailed the move as a bold statement of intent, setting the tone for a new chapter in the country’s technological evolution.
