Closing : 31 Dec 2026 Updated : 22 Jun 2026

Short-term refinancing line in favor of BGFI Bank Côte d'Ivoire (BGFI Bank CI) for the partial financing of the 2025-2026 cocoa and cashew campaigns in Côte d'Ivoire

Agribusiness — Ivory Coast

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Description

The program consists of a short-term refinancing line made available to BGFI Bank CI by the BOAD (West African Development Bank) to bolster the bank's resources and enable it to finance the cash flow needs of its clients operating in the cocoa and cashew sectors in Côte d'Ivoire. The instrument aims to support the smooth running of the 2025–2026 season in a context where these two sectors remain crucial to the Ivorian economy. The intervention's rationale is twofold: firstly, to secure short-term financing for private operators in the value chain; and secondly, to ensure the continuity of purchasing, collection, processing, and export operations during the season. In practice, the BOAD supports the financial intermediary, which channels the resources to eligible economic actors.

Objectives

🌾 Supporting agricultural campaigns:
Guaranteeing financing for cocoa and cashew harvesting and marketing operations.

💰 Strengthening bank liquidity:
Improving BGFI Bank CI's short-term refinancing capacity.

📦 Securing export value chains:
Supporting trade flows related to key Ivorian agricultural commodities.

🚜 Stimulating the agricultural private sector:
Facilitating access to credit for agro-exporting companies and SMEs in the value chain.

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Multisectorial
Individual entrepreneurs/cooperatives, Women and Youth Cooperatives/SMEs

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