Of the total US$15.4 billion pledged by the international community at the end of the first day of the meeting of the Consultative Group on Côte d’Ivoire held on May 17, 2016 in Paris, the World Bank Group (IDA, IFC, MIGA) will commit the sum of US$5 billion (CFAF 2500 billion) to finance Côte d’Ivoire’s Second National Development Plan (NDP) covering the period 2016-2020. This amount is double the sum allocated during the previous period (2012-2016), proof—if any were needed—that the World Bank is more than ever committed to helping Côte d’Ivoire achieve emerging country status. This new country partnership framework between the World Bank Group and Côte d’Ivoire is an important milestone.
In 1884, the General Act of Berlin Conference established borders of African colonies. Many of these “exogenous” borders brought about by Scramble of Africa could be still found on modern maps, now separating sovereign states. About one third of all countries of Sub-Saharan Africa – much larger portion compared to other parts of the world – are landlocked.
Since trade with other countries is important for economic development, and since transportation by sea is much cheaper than any other type of transportation, the evolutionary process of “endogenous” formation of the nation states in other regions left few countries without access to sea. It was not impossible, but certainly more difficult, to develop as a nation without such.