Côte d’Ivoire Country Summary

FATF Status

Cote D’Ivoire is on the FATF List of Countries that have been identified as having strategic AML deficiencies.

Compliance with FATF Recommendations

The last follow up Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in Cote D'Ivoire was undertaken in 2025. According to that Evaluation, Cote D'Ivoire was deemed Compliant for 6 and Largely Compliant for 24 of the FATF 40 Recommendations. It remains Highly Effective for 0 and Substantially Effective for 0 with regard to the 11 areas of Effectiveness of its AML/CFT Regime.

Côte d'Ivoire faces significant challenges related to crime and corruption, with entrenched practices in both public and private sectors hindering economic growth and investment. Despite some improvements in asset declaration compliance and the establishment of anti-corruption bodies, widespread corruption remains a serious impediment, affecting judicial processes and business operations, while illicit activities such as human trafficking, drug trafficking, and illegal logging continue to thrive, exacerbated by weak regulatory frameworks and state complicity.

Côte d’Ivoire is establishing itself as a robust economic leader in West Africa, with an impressive average GDP growth rate of 6.4% over the past decade, supported by policy reforms and diversification in key sectors such as agriculture, energy, and infrastructure. The country has successfully attracted foreign direct investment (FDI) through reforms in its Petroleum and Mining Codes, which have led to significant investments and increased interest from foreign investors, particularly in energy and digital technology. Despite these advancements, challenges remain, including high informal employment and reliance on primary commodity exports, prompting the government to implement reforms aimed at enhancing education, industrialization, and sustainable growth through the upcoming 2025-2030 National Development Plan.