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Economic News

China to Remove Customs Duties on Imports from 53 African Countries

China will remove customs duties on imports from 53 African countries starting May 1, according to an official announcement made on February 14 by President Xi Jinping. The strategic move is expected to further strengthen Beijing’s economic influ...

Published on Feb 16, 2026

Côte d’Ivoire Keeps Cocoa Price at 2,800 FCFA Until March 2026

The Coffee and Cocoa Council  has just issued an official statement confirming the guaranteed cocoa price for the 2025–2026 main crop season. Ivorian producers will benefit from a farmgate price set at 2,800 FCFA per kilogram, applicable across the entire national territory. This price will remain unchanged until March 31, 2026, there...

Published on Feb 16, 2026

New Major Hydrocarbon Discovery Announced on CI-501 Block in Côte d’Ivoire

A new commercial hydrocarbon discovery has been announced in the Ivorian sedimentary basin following exploration activities conducted by Eni i...

Published on Feb 16, 2026

AfCFTA Secretariat Pushes Green Industrial Growth at High-Level Dialogue on Sidelines of African Union Summit

On the margins of the African Union Summit in Addis Ababa, the AfCFTA Secretariat convened the AGII High-Level Dinner Dialogue to advance green industrial growth through regional markets and investment.

In his remarks, H.E. Wamkel...

Published on Feb 15, 2026

Dangote Refinery Reaches Full Production Capacity at 650,000 b/d

It’s now official! The Dangote Refinery in Lekki is operating at its maximum capacity of 650,000 barrels of crude oil per day, a record level for a facility of this size in Africa, according to local media reports. This achievement places the ref...

Published on Feb 14, 2026

Côte d’Ivoire: Over 46 Million Tonnes of Goods Handled at the Port of Abidjan in 2025

In just one year, the total traffic at the Port of Abidjan rose from 40.1 million tonnes in 2024 to 46.6 million tonnes in 2025, representing a strong growth of 16.1%, according to an official company report. This development positions the Ivorian port...

Published on Feb 14, 2026

Dubai’s Bin Sulayem Quits DP World After Epstein Ties Exposed

DP World Ltd. Chief Executive Officer Sultan Ahmed Bin Sulayem resigned, one of the most influential businesspeople to be felled by his involvement with the disgraced financier Jeffrey Epstein.

Published on Feb 14, 2026

Mining Indaba Forum in South Africa: Côte d’Ivoire Showcases Its Mining Potential to Investors

Côte d’Ivoire dedicated a special session to promoting its mining sector on Tuesday, February 10, 2026, in Cape Town, South Africa, during the second day of the Mining Indaba forum. The event gathered more than a hundred participants, inclu...

Published on Feb 11, 2026

Consumer Goods: CNLVC Reassures on Availability and Affordability Ahead of Lent and Ramadan

The Executive Secretary of the National Council for the Fight Against the High Cost of Living (CNLVC), Dr. Ranie-Didice Bah-Koné, reassured the Ivorian population on Tuesday, February 10, 2026, in Abidjan-Plateau, about the availability and affo...

Published on Feb 11, 2026

Mr. Baba Malick Ba Appointed Regional Director for BIDC’s West African Operations

 Mr. Baba Malick Ba has been appointed Regional Director responsible for supervising Côte d'Ivoire, Senegal, Gambia, Burkina Faso, Cape Verde, and Guinea at the Abidjan office of the Wes...

Published on Feb 10, 2026

Corruption Perceptions Index 2025: Côte d’Ivoire Declines Despite Previous Progress

According to the 2025 Corruption Perceptions Index (CPI) published by Transparency International, the perception of public sector corruption in Côte d’Ivoire has worsened compared to the previous year.

Published on Feb 10, 2026

Côte d’Ivoire Wins Three Awards at the 2026 Global Banking & Markets Awards

ôte d’Ivoire shone on the African financial scene by winning three major awards at the 2026 Global Banking & Markets Awards, a prestigious event recognizing excellence and innovation in capital markets across the continent.

The first award, Global Banking & Markets Deal of the Year, was given to Côte d’Ivo...

Published on Feb 09, 2026