The Ivorian government announced on October 30, 2026, that it has been removed from the Financial Action Task Force's (GAFI) grey list. This decision was made during a plenary session at the Organisation for Economic Co-operation and Development (OECD) headquarters in Paris. The removal is a recognition of the country's efforts to strengthen its anti-money laundering and combating the financing of terrorism framework.
The GAFI grey list comprises jurisdictions subject to enhanced surveillance. Côte d'Ivoire's removal from this list is a result of the country's progress in modernizing and strengthening its anti-money laundering, combating the financing of terrorism, and proliferation financing framework. The country's Minister of Economy, Finance, and Budget, Adama Coulibaly, stated that this decision is a recognition of the efforts made by the Ivorian authorities.
Côte d'Ivoire's removal from the grey list is a result of a series of institutional, legislative, regulatory, and operational reforms aimed at bringing the national system in line with international standards. The country's progress in implementing an action plan agreed upon with international bodies also contributed to this decision. The Ivorian government expressed its gratitude to the GAFI, the Intergovernmental Action Group against Money Laundering in West Africa (GIABA), and technical and financial partners for their support.
Minister Adama Coulibaly emphasized that this performance is not only a result of government action but also the joint mobilization of public administrations and the private sector. Their collaboration has contributed to advancing a strategic project with stakes that go beyond the regulatory framework. The goal is to preserve the country's reputation, consolidate trust among international partners, and strengthen the security of the Ivorian financial system.
While being removed from the grey list represents a significant advancement for Côte d'Ivoire's image and credibility on the international scene, it does not mark the end of efforts. The country must now consolidate its achievements and maintain the effectiveness of its national framework sustainably. Vigilance remains essential in the face of risks related to illicit financial flows, money laundering, and terrorism financing.
The Ivorian authorities' challenge is now to perpetuate the reforms undertaken, ensure their effective implementation, and maintain control and prevention mechanisms at the level of international requirements. By leaving the GAFI grey list, Côte d'Ivoire obtains an important institutional recognition. The real challenge will be to transform this diplomatic and financial advancement into a lasting achievement, serving transparency, economic security, and the country's attractiveness.
The Ivorian government has committed to continuing its efforts to strengthen its anti-money laundering and combating the financing of terrorism framework. The country's progress will be monitored to ensure that it maintains its commitments. The removal from the grey list is a significant step forward for Côte d'Ivoire, demonstrating its commitment to fighting financial crimes and promoting a secure financial system.
Key points
- Côte d'Ivoire has been removed from the Financial Action Task Force's (GAFI) grey list, recognizing the country's efforts to strengthen its anti-money laundering and combating the financing of terrorism framework.
