BOAD approves $570 million in new financing to support economic growth across West Africa

The West African Development Bank (BOAD) has approved 11 new financing operations worth a total of 344 billion CFA francs (around $570 million), as the regional lender expands support for economic development projects across the West African Economic and Monetary Union (WAEMU).

The approvals were made during the bank’s 150th Board...

Côte d'Ivoire takes a new step toward unlocking its natural gas potential with Gas Master Plan initiative

Côte d'Ivoire has reached a new milestone in its strategy to develop its significant natural gas discoveries by signing a memorandum of understanding with the World Bank and energy group Eni to prepare a Gas Master Plan.

The agreement, signed on Wednesday in Abidjan by the Ministry of Mines, Petroleum and Energy, formalizes the com...

Côte d'Ivoire secures nearly $80 billion in financing commitments for its 2026–2030 National Development Plan

Côte d'Ivoire has secured financing commitments totaling 47.82 trillion CFA francs (about $80 billion) for its 2026–2030 National Development Plan (PND), far exceeding its initial target and underscoring growing international confidence in the country's economic outlook.

The commitments, announced at the conclusion of the two...

BRVM continues upward trend as key stocks drive market gains

The Regional Stock Exchange (BRVM) extended its positive momentum on Tuesday, closing the trading session in positive territory.

The benchmark BRVM Composite index rose by 0.80% to 463.89 points. The BRVM-30 index increased by 0.49% to 217.73 points, while the BRVM Prestige index gained 0.47% to reach 176.56 points.

Despite a mar...

BIDC approves CFA 10 billion credit line to support Côte d’Ivoire’s private sector

The ECOWAS Bank for Investment and Development (BIDC) has approved a CFA 10 billion credit line to support private sector development in Côte d’Ivoire, as part of its efforts to strengthen economic activity and finance productive investments across West Africa.

The financing facility was granted to the Banque Sahélo-Sa...

BIDC approves CFA 12.82 billion financing to renovate Abidjan’s Symphonie Building

The ECOWAS Bank for Investment and Development (BIDC) has approved CFA 12.82 billion in financing to support the renovation, modernization, operation and maintenance of the Symphonie Building in Abidjan, a strategic public asset that is expected to become the future headquarters of Côte d’Ivoire’s Ministry of Justice.

T...

Côte d'Ivoire is placing agriculture at the heart of its economic development strategy

Côte d'Ivoire is positioning agriculture as a key driver of its economic development strategy over the next five years, with the government aiming to boost local processing, strengthen food security and modernize the sector under its 2026–2030 National Development Plan (PND).

Speaking on Wednesday during the Consultative Grou...

BRVM Posts Historic First-Half Performance

The equity market has reached a historic milestone, recording a +30% performance in the first half of the year. Among the 47 listed companies, 7 stocks achieved gains of more than +100%, while 19 shares increased by over +50%. At the same time, investors received nearly FCFA 1,000...

Côte d’Ivoire: Eni Moves Forward with FPSO Construction for Baleine Oil Field

Italian energy giant Eni has taken a major step forward in the development of the Baleine offshore oil field in Published on Jul 06, 2026

🇨🇮 From Gold to Lithium: Corica Mining Expands Its Footprint in Mali’s Mining Sector

Based in Abidjan, Corica Mining Services is continuing its expansion across West Africa. The Ivorian mining contractor has been selected by Australian company Toubani Resources as the mining contractor for the future Kobada Gold Project in Mali, subjec...

Côte d’Ivoire secures US$50 million from the Green Climate Fund for climate-smart agriculture

On Wednesday, July 1, 2026, during its 45th Board Meeting held in Dushanbe, Tajikistan, the Green Climate Fund (GCF) approved a US$50 million grant for Côte d’Ivoire to implement the project entitled “Strengthening Sustainable Land Management and Climate-Resilient Agrifood Systems in Côte d’Ivoire” (LARACI). Published on Jul 06, 2026

West Africa Accelerates Data Center Expansion to Power the Digital Economy

West Africa is rapidly expanding its data center infrastructure as governments and private operators position the region for the next phase of digital transformation. Driven by the growth of cloud computing, artificial intelligence (AI), digital finance and e-commerce, data centers are increasingly viewed as strategic assets for economic develop...