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Economic News

Food Value Chains: The World Bank Applauds the Development of PDC2V Beneficiaries’ Activities

Following a visit to southeastern Côte d’Ivoire on Tuesday, August 12, 2025, Tony Verheijen, Operations Manager for Côte d’Ivoire, Togo, and Guinea at the World Bank, expressed his satisfaction with the development of activities...

Published on Aug 19, 2025

Côte d’Ivoire’s Banking Sector Shakes Up the Rankings: Top 5 Banks of 2024 Revealed

The Ivorian banking industry closed 2024 with notable changes at the top of its leaderboard, highlighting both resilience and fierce competition among financial institutions. According to the 2024 annual report of the UMOA B...

Published on Aug 18, 2025

Regional Development: Bouaké to Host the “Invest in the Autonomous District of the Bandama Valley” Forum on September 11–12, 2025

 The Autonomous District of the Bandama Valley and the Investment Promotion Centre of Côte d'Ivoire (CEPICI) officially launched, on July 30, 2025, in Abidjan, the Invest in the Autonomous District of the Bandama Valley Forum, scheduled for...

Published on Aug 16, 2025

Launch of the African Energy Bank: APPO Executive Council Speeds Up the Process

Created in 2022 by the African Petroleum Producers’ Organization (APPO), the African Energy Bank (AEB) could become operational in the very near future. Recently meeting in Kintélé, the APPO Executive Council decided to accelerate t...

Published on Aug 11, 2025

High Cocoa Prices Drive Smuggling Surge, Alarming Traders

Cocoa smuggled from the world’s largest producer, Côte d’Ivoire, is leading to supply shortages and traceability concern...

Published on Aug 08, 2025

Cold weather and scant rains worry Côte d’Ivoire cocoa farmers

A persistent cold spell across most of Côte d’Ivoire's cocoa-growing regions could jeopardize the development of the next October-to-March main crop, farmers warned on Monday, saying plantations need more sunshine and rain.

Published on Aug 08, 2025

Orange to use OpenAI's latest models to work with African languages

French mobile operator Orange (ORAN.PA), opens new tab said on Tuesday it plans to use OpenAI's latest AI models with African languages.

Published on Aug 08, 2025

Côte d’Ivoire Vows to Find New Cocoa Buyers If Trump Imposes Tariffs

Côte d’Ivoire will look for new markets for its cocoa, away from the United States, if the administration of President Donald Trump goes through with its threat to impose 15% tariffs from Thursday, two officials said.

Published on Aug 07, 2025

Energy: A 52 MWp Solar Power Plant Planned in M'Bengué (Poro Region) by the End of 2027

Abidjan, August 5, 2025 – The Minister of Mines, Petroleum and Energy, Mamadou Sangafowa-Coulibaly, presided over the signing ceremony of the Tongon Solar Convention on Tuesday, August 5, 2025, in Abidjan-Plateau. The agreement concerns the const...

Published on Aug 07, 2025

UEMOA Set to Launch Interoperable Instant Payment Platform Across West Africa

Dakar, August 1, 2025 – The Central Bank of West African States (BCEAO) is preparing to launch a major innovation in the region’s financial landscape with the upcoming rollout of the Interoperable Platform for Instant Payment System (PI‑SPI...

Published on Aug 06, 2025

Côte d’Ivoire: A New 32 Billion FCFA Cocoa Factory Inaugurated in Divo(southwest of Côte d’Ivoire)

A new cocoa processing plant with an annual capacity of 36,000 tonnes was inaugurated on Saturday, August 2, in Divo, in the Lôh-Djiboua region in central-west Côte d’Ivoire. The factory, named Published on Aug 05, 2025

Dangote Cement: Abidjan to Host a New Plant Soon

Dangote Cement Plc, the largest cement producer on the African continent, is continuing its regional expansion strategy with the upcoming launch of a grinding plant in Côte d’Ivoire with a capacity of 3 million metric tons per year (Mt/a),...

Published on Aug 04, 2025