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Economic News

Côte d’Ivoire: 920,000 Ounces of Indicated Gold Resources Now Confirmed for the Boundiali Project

After an initial resource estimate at the end of 2024, Aurum Resources launched a 100,000-meter drilling program to optimize the profile of its Boundiali gold project in Côte d’Ivoire. These efforts have already raised the project’s t...

Published on Oct 06, 2025

Côte d’Ivoire: Koné Dossongui Makes $305 Million Offer to Acquire Tongon Gold Mine

Côte d’Ivoire’s mining sector has reached a historic milestone. For the first time, a locally owned company is set to take control of a major gold operation. Koné Dossongui, head of Published on Oct 06, 2025

Extractive Resources: “Côte d’Ivoire Will Become Africa’s Leading Gold Producer Within Five Years,” Announces Minister Mamadou Sangafowa-Coulibaly

Within the next five years, Côte d’Ivoire will position itself as Africa’s leading gold producer, announced the Ivorian Minister of Mines, Petroleum and Energy, Mamadou Sangafowa-Coulibaly, on Saturday, October 4, 2025, at Sciences Po...

Published on Oct 06, 2025

AfDB Supports AfCFTA Implementation with $16 Million Institutional Assistance

On Friday in Abidjan, Sidi Ould Tah, President of the African Development Bank (AfDB) Group, met with Wamkele Mene, Secretary-General of the African Continental Free Trade Area (AfCFTA).

Published on Oct 05, 2025

BRVM: SAPH, Filtisac, and Tractafric Shine Alongside Orange

Orange CI dominated the trading session with a decisive contribution, recording a market capitalization gain of 22.6 billion FCFA, making it the most influential stock of the day. This boost strengthened the upward trend of the indices: the BRVM Compos...

Published on Oct 03, 2025

Economic Outlook: Growth Rate Projected at 6.7% in 2026

Côte d’Ivoire’s growth rate is projected at 6.7% in 2026, government spokesperson Amadou Coulibaly announced following the Council of Ministers on October 1, 2025, in Abidjan.

Published on Oct 02, 2025

Public Enterprises: Turnover Reaches 1,095.7 Billion CFAF, Achieving 109% of Budgetary Targets

In the first half of 2025, public enterprises maintained the positive momentum observed in recent years regarding their financial performance. Their consolidated turnover reached 1,095.7 billion CFAF, corresponding to 109% of the period’s budgeta...

Published on Oct 02, 2025

Energy Efficiency Program: Government Mobilizes Over 20 Billion CFAF to Finance the Project

 The Council adopted a decree ratifying a loan and implementation agreement amounting to 20,006,688,000 CFAF, signed on June 30, 2025, between Kreditanstalt Für Wiederaufbau (KFW) and the Republic of Côte d’Ivoire, to finance the...

Published on Oct 02, 2025

Energy: Crude Oil and Natural Gas Production Estimated at 16.1 Million Barrels and 2.4 Billion m³ as of December 31, 2024

From January 1 to December 31, 2024, crude oil and natural gas production are estimated at 16.1 million barrels and 2.4 billion m³, respectively. These correspond to production rates of 44,000 barrels per day of crude oil and 6.6 million m³ p...

Published on Oct 02, 2025

Agriculture: Government Ratifies Agreement Establishing the Inter-African Coffee Organization (IACO)

The Council has adopted a decree ratifying the Agreement establishing the Inter-African Coffee Organization (IACO), adopted on November 20, 2020, government spokesperson Amadou Coulibaly announced at the conclusion of the Council of Ministers on Octobe...

Published on Oct 02, 2025

Uber Exits Côte d’Ivoire After Six Years of Operations

Uber has officially ended its operations in Côte d’Ivoire as of Thursday, September 25, 2025. The American ride-hailing service informed its users of the withdrawal and expressed “regrets” for any inconvenience caused, without s...

Published on Oct 02, 2025

Oil Exploration: The Ivorian State and the ENI/PETROCI Holding Consortium Sign a Production Sharing Contract on Block CI-707

On Tuesday, September 30, 2025, in Abidjan-Plateau, the Government of Côte d’Ivoire and the ENI/PETROCI Holding consortium signed a production sharing contract for Block CI-707, covering oil exploration investments estimated at about 34 bil...

Published on Oct 01, 2025