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Economic News

2025 Cashew and Cashew Nut Campaign: Projected Production to Reach 1.15 Million Tons, Representing a 20% Increase from 2024

The 2025 cashew nut and cashew campaign in Côte d'Ivoire is projected to produce 1.15 million tons, marking a 20% increase compared to the 2024 campaign. This information was shared by the Minister of State and Minister of Agriculture, Rural Deve...

Published on Jan 20, 2025

Baleine Oil Field Development Phase 2: Crude Oil Production Expected to Reach 60,000 Barrels Per Day, Up from 35,000 Forecasted

The government spokesperson, Amadou Coulibaly, announced that crude oil production from Phase 2 of the Baleine oil field will reach 50,000 to 60,000 barrels per day, compared to the initial forecast of 35,000. This announcement was made following the C...

Published on Jan 17, 2025

𝐑𝐨𝐮𝐭𝐞 of 𝐜𝐨̂𝐭𝐢𝐞̀𝐫𝐞 Project : Government Mobilizes 28.6 Billion CFA for Strengthening the Fresco-Grand-Béréby Road Section

Following the Council of Ministers on January 15, 2025, in Abidjan, government spokesperson Amadou Coulibaly announced that the Ivorian government has mobilized 28.6 billion CFA francs for the strengthening of th...

Published on Jan 16, 2025

Economic and Social Transformation of Côte d'Ivoire: Government Adopts the Development Plan 2026-2030

Abidjan, January 15, 2025 – The government adopted, during the Council of Ministers on January 15, 2025, a communication concerning the development of the National Development Plan (PND 2026-2030) with a cost of 1.6 billion CFA francs.

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Published on Jan 16, 2025

Ivory Coast army accuses anti-trafficking officials of smuggling cocoa

The chief of staff of Ivory Coast's army has ordered the suspension of five officials tasked with combating cocoa smuggling in the west of the country, the army said in a statement seen by Reuters late on Tuesday.

Published on Jan 16, 2025

3rd Japan-Côte d'Ivoire Conference on Quality Infrastructure: Prime Minister Calls for Increased Investment

On Friday, January 10, 2025, during the official opening of the 3rd Japan-Côte d'Ivoire Conference on Quality Infrastructure in Abidjan-Plateau, Prime Minister Robert Beugré Mambé called on both technical and financial partners, including those from Japan, as well as the national and international private sector, to play a gr...

Published on Jan 12, 2025

TOP Energy Ministers of 2024

After a rigorous analysis of performance, innovations, and impacts within the energy sector, four African energy ministers have been recognized as the top leaders by Le Brief. These ministers have demonstrated outstanding contributions to shaping the energy future of their respect...

Published on Jan 06, 2025

Ivorian Government Sells Stake in Versus Bank to Daouda Soukpafolo Koné

The Ivorian government has decided to sell its entire 52.89% stake in Versus Bank to Harvest Capital Holding, a company owned by businessman Daouda Soukpafolo Koné. The sale, valued at CFA 8.5 billion, also includes a commitment to invest an additional CFA 10 billion. The t...

Published on Dec 21, 2024

Mining Industry: Minister Mamadou Sangafowa-Coulibaly Lays Foundation Stone for Côte d'Ivoire's Largest Gold Mine

On Wednesday, December 18, 2024, in the Worodougou region, along the Batogo-Fadiadougou road in the Kani and Dianra departments, the Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, laid the...

Published on Dec 19, 2024

2023 Activity Report of the General State Inspectorate Notes Significant Improvement

The Vice President of the Republic, Tiémoko Meyliet Koné, expressed his satisfaction with the 2023 annual activity report of the General State Inspectorate (IGE), which highlighted a significant improvement compared to 2022, particularly...

Published on Dec 19, 2024

Improvement of Traffic Flow Between Marcory and Port-Bouët: Soon a Third Lane on Both Sides of the Félix Houphouët-Boigny Boulevard

To improve traffic circulation between the communes of Marcory and Port-Bouët, which are currently experiencing significant traffic jams due to construction work at the major Koumassi intersection and the Akwaba intersection in Port-Bouët, a...

Published on Dec 19, 2024

JIP2I 2024: Minister Souleymane Diarrassouba Announces Submission of 4 New Ivorian Products for Labeling

On Monday, December 16, 2024, in Abidjan-Plateau, the Minister of Commerce and Industry, Souleymane Diarrassouba, announced the submission for labeling of four Ivorian products: Danané rice, Korhogo handmade cloth, Kent mangoes from the savannah...

Published on Dec 18, 2024