CI Housing Prog

The proposed investment is a program of up to US$100 million equivalent to support the construction and commercialization of affordable houses in Côte d’Ivoire. The Program will provide funding to banks for on-lending to selected housing developers and homebuyers and will be executed in two phases. For Phase 1, IFC has identified two participating banks, namely Banque Atlantique Côte d’Ivoire (BACI) and Société Ivoirienne de Banque (SIB), with a total financing package of US$60 million.