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Economic News

FOMCI 2025: Businesses Urged to Prioritize Competitiveness and Innovation in Production and Marketing

In an increasingly globalized world where commercial success depends on resilience against competition, the Minister of Trade and Industry, Souleymane Diarrassouba, has encouraged producers, processors, traders, and consumers to consider competitivenes...

Published on Apr 03, 2025

Cocoa: Price Per Kg Set at 2,200 FCFA for the 2024-2025 Mid-Crop Season

The Ivorian government has set the price of well-fermented, well-sorted, and well-dried cocoa at Published on Apr 03, 2025

Côte d’Ivoire: Customs Exemption of 7 to 15% on Animal Feed

This measure by the Ivorian government aims to boost the livestock sector and reduce production costs. The country aspires to achieve food sovereignty by covering more than 65% of the population's consumption needs in animal and fishery products by 202...

Published on Apr 03, 2025

Eurobond: Côte d'Ivoire Successfully Raises $1.75 Billion on International Markets

Côte d'Ivoire has made another significant stride in the financial markets. On March 25, 2025, the country successfully raised $1.75 billion through a Eurobond issuance with a final maturity of 11 years, set to mature in 2036. This well-received...

Published on Mar 29, 2025

Global Banking & Markets Africa Awards: Côte d'Ivoire Recognized for Its Debt Governance

Côte d'Ivoire continues to assert its position in international capital markets. On March 26, 2025, the General Directorate of Financing (DGF) of the Ministry of Finance and Budget received double recognition at the Global Banking & Markets A...

Published on Mar 27, 2025

Hydrocarbons Sector / Support for Local Businesses: AEICORP and GES-PETROGAZ-CI Sign a Memorandum of Understanding

The Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, presided over the signing ceremony of a memorandum of understanding (MoU) on Tuesday, March 25, 2025, at his office in Abidjan-Plateau. The agreement was signed between the Afri...

Published on Mar 27, 2025

Montage Gold Reaches Key Milestone in Koné Project Construction

Montage Gold Corp. has announced significant progress in the construction of its Koné gold project in Côte d'Ivoire, with the start of concrete pouring for the processing plant, particularly the Carbon-in-Leach (CIL) tank foundations, ahead of schedule. Since construc...

Published on Mar 25, 2025

Lafigué Gold Mine Hosts Open Day to Showcase Responsible Mining Initiatives

On Friday, March 21, 2025, the management team of Lafigué Gold Mine, a subsidiary of the Endeavour Mining Group operating in Côte d’Ivoire, organized an Open Day event that brought together executives, elected officials, administrative autho...

Published on Mar 24, 2025

Promotion of the Extractive Industry: Minister Mamadou Sangafowa-Coulibaly Concludes His Mission in Washington with Positive Results

Côte d’Ivoire has strengthened its appeal to financial institutions, investors, and U.S. policymakers during the successful roadshow led by Minister Mamadou Sangafowa-Coulibaly.

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Published on Mar 23, 2025

Road Infrastructure: Technical Features of the Akwaba Interchange Revealed

The Akwaba Interchange project, located in Port-Bouët, has reached completion with an investment of 31.2 billion FCFA. The work included the construction of two engineering structures, the development of app...

Published on Mar 20, 2025

Bond Market: Côte d'Ivoire Completes a 450 Billion CFA Francs Debt Exchange

Côte d'Ivoire has successfully finalized a bond exchange operation worth 450 billion CFA francs (approximately $746.7 million) on the West African Economic and Monetary Union (WAEMU) market. The transaction exceeded its initial target of 400 bill...

Published on Mar 19, 2025