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Economic News

Africa Investment Forum 2025 Market Days

What:         Africa Investment Forum Market Days

Published on Jun 14, 2025

SARA 2025: Over 400 billion CFA Francs in Investment Commitments

The International Exhibition of Agriculture and Animal Resources of Abidjan (SARA), held at the Port-Bouët Exhibition Park, continues to improve with each edition—much like fine wine. The 7th edition, which took place over ten days from May...

Published on Jun 04, 2025

Economic Cooperation: United Capital Opens Office in Abidjan to Boost Regional Economic Integration

 

The financial services institution United Capital Asset Management West Africa Limited (UCAMWAL) has officially inaugurated its new headquarters, located in the Cocody-M’badon district of Abi...

Published on Jun 02, 2025

Côte d'Ivoire and France sign 3 agreements worth approximately 90 billion CFA francs

As part of the 3rd Debt Reduction and Development Contract (C2D), Côte d’Ivoire and France signed three (3) financing agreements on Wednesday, May 28, 2025, in Abidjan-Plateau. These agreements concern the sectors of Health, Higher Education, and Basic Education. The total amount of the three agreements is approximately 90 billion CF...

Published on May 31, 2025

Côte d’Ivoire Launches Construction of a 50 MW Solar Power Plant in Katiola

As part of an ambitious drive towards energy transition, the Ivorian government has officially approved the construction of a 50 MW photovoltaic solar power plant in Katiola, located in the Hambol region in the country’s center-north. The project, valued at 33 billion CFA francs (approximately 53 million USD), will be carried out through a...

Published on May 30, 2025

AfDB: Mauritanian Sidi Ould Tah Elected New President

At the end of a conclave featuring the “grand oral” on Wednesday, May 28, 2025—during which candidates presented their visions, defended their programs, and engaged in open exchanges with the 81 AfDB governors, composed mainly of fina...

Published on May 29, 2025

African Development Bank 2025 Annual Meetings: "Making Africa's Capital Work Better for Africa's Development."

The African Development Bank Group’s 2025 Annual Meetings open next week amidst shifting winds of global trade.

Published on May 25, 2025

C2D Joint Review: Côte d’Ivoire and France Welcome the Outcomes

Since the launch of the first projects in 2013, the Debt Relief and Development Contract (C2D) has enabled the completion of numerous modern works and infrastructures across almost all sectors. These achievements required the signing of 45 allocation agreements: 14 for the 1st C2D, 15 for the 2nd C2D, and 16 for the 3rd C2D, for a total amount o...

Published on May 22, 2025

Air Côte d’Ivoire: BADEA funding for two Airbus A330 Neo aircraft and long-haul flights from Abidjan

Thanks to an agreement totaling 76.6 million US dollars (approximately 47.913 billion CFA francs) signed between Côte d’Ivoire and the Arab Bank for Economic Development in Africa (BADEA), the airline Air Côte d’Ivoire will acquire Published on May 22, 2025

Abidjan hosts Africa–United States mortgage roundtable on housing credit access

Abidjan, May 19, 2025, On May 15, 2025, Abidjan hosted the first Strategic Roundtable of the Africa–U.S. Mortgage Initiative, aimed at improving access to housing credit and developing innovative financing mechanisms.

The event brought together high-level authorities, including Patrick Achi, Minister of State and Special Advisor to...

Published on May 19, 2025

Côte d’Ivoire leads HDI growth in Sub-Saharan Africa and ranks 4th worldwide in 2023

Abidjan, May 16, 2025 – In terms of Human Development Index (HDI) progress between 2022 and 2023, Côte d’Ivoire ranks first in Sub-Saharan Africa and fourth globally, with an increase of +0.017 in one year (3%), placing it 157th out of 193 countries. This marks a five-place jump compared to the previous year. T...

Published on May 17, 2025