Côte d’Ivoire: Senate unanimously adopts 2026–2030 National Development Plan worth 114.8 trillion FCFA

The Senate unanimously adopts the 2026–2030 NDP: Côte d’Ivoire commits to mobilizing 114,838.5 billion FCFA

The Senate of the Republic of Côte d’Ivoire unanimously adopted on May 5, 2026, during a plenary session held in Yamoussoukro under the leadership of Senate President Kandia Camara, the bill on the Nat...

Ivory Coast commerce sector grows nearly 16% in February 2026, driven by wholesale and automotive activity

Ivory Coast’s commerce sector recorded a sharp increase of nearly 16% in turnover in February 2026 year-on-year, driven mainly by strong performance in wholesale trade and the automotive industry, according to sector data and recent economic trends.

The expansion highlights the continued resilience of the country’s trade acti...

Côte d’Ivoire moves to secure fertilizer supply through OCP partnership

Bernard Comoé, Minister Delegate in charge of Food Crops, paid a working visit on April 24, 2026, to the Jorf Lasfar industrial complex of OCP Group in Morocco. The visit aimed to ensure that Côte d’Ivoire will have timely access to high-quality fertilizers at controlled prices for its food crop producers.

This visit f...

Côte d’Ivoire raises fuel prices in May 2026 amid revised pump adjustments

Fuel prices have risen again in Côte d’Ivoire for the month of May 2026, according to an official statement from the Ministry of Mines, Petroleum and Energy, in a move that will affect household spending and transport costs across the country.

The price of unleaded gasoline has increased from 820 CFA francs to 875 CFA francs...

Kassoum Traoré appointed Acting Director General of the Port of Abidjan

Following an extraordinary session of the Board of Directors of the Autonomous Port of Abidjan (PAA) held on Monday, May 4, 2026, Mr. Kassoum TRAORÉ has been appointed Acting Director General of the institution.

Following this decision, a Management Committee meeting was convened during which Mr. Hilaire LAMIZANA, Chairman of the...

two ultra-modern tugboats to strengthen the operational capacities of ivorian ports

The Ivorian Towing and Salvage Company (IRES), a subsidiary of Boluda Towage, a global leader in port towing services, has taken a new step in strengthening the operational capacity of the Port of Abidjan with the acquisition of two next-generation tugboats. This initiative forms part of an ongoing effort to modernize maritime infrastructure in...

IMF clears path for $844 million financing to support Côte d’Ivoire’s economic stability

The International Monetary Fund has reached a staff-level agreement with Côte d’Ivoire that could unlock nearly $844 million in new financing, after concluding that the country has successfully met key economic targets under its ongoing reform programmes.

The funds, equivalent to about 472 billion CFA francs, are intended to...

Côte d’Ivoire secures $225 million World Bank funding to strengthen health system, nutrition and early childhood care

The World Bank has approved a $225 million financing package to strengthen health services, nutrition, and early childhood development in Côte d’Ivoire, in a move aimed at improving care quality, reducing inequalities, and modernizing the country’s health system by 2028.

The funding is expected to support wide-ranging r...

Côte d’Ivoire’s Sovereign Risk Score Upgraded, Confirming Strong Economic Outlook

At the 10th Country Risk Conference held in Abidjan on April 30, 2026, the Minister of Planning and Development, Souleymane Diarrassouba, welcomed the upgrade of Côte d’Ivoire’s sovereign risk score from 6.3 to 6.5 by Bloomfield Intelligence. This improvement confirms the country’s low-risk profile and strengthens its cre...

Zenith Bank Opens Headquarters in Abidjan, Strengthening Côte d’Ivoire–Nigeria Economic Integration

The Minister of Planning and Development, Souleymane Diarrassouba, presided over the inauguration ceremony of the headquarters of Zenith Bank Côte d’Ivoire, a subsidiary of Nigeria’s Zenith Bank, on Wednesday, April 29, 2026, in Abidjan. This new establishment strengthens economic integration between Côte d’Ivoire a...

IMF Reaches Staff-Level Agreement with Côte d’Ivoire After Strong Program Performance

An International Monetary Fund (IMF) team, led by Geneviève Verdier, met with Ivorian authorities from April 22 to 30 to assess progress under programs supported by the Extended Credit Facility (ECF), the Extended Fund Facility (EFF), and the Resilience and Sustainability Facility (RSF), according to a statement from International Monetar...

Beijing extends zero-tariff access to most African exports in major trade shift

China has expanded tariff-free access to its market for exports from the vast majority of African countries, in a significant move aimed at strengthening economic ties with the continent, according to official announcements and state media reports.

Under the new policy, imports from 53 African countries with diplomatic relations with Chi...