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Economic News

Minister Kobenan Kouassi Adjoumani Urges National and International Investors to Capitalize on Opportunities in Côte d'Ivoire's Cashew Sector

Minister Kobenan Kouassi Adjoumani Urges National and International Investors to Capitalize on Opportunities in Côte d'Ivoire's Cashew Sector

Published on Sep 24, 2024

Transport Forum 2024: Unlocking Africa’s Potential Through Regional Connectivity

The African Development Bank’s Transport Forum, held from September 18 to 20, 2024, in Abidjan, brought attention to the crucial role that regional connectivity plays in driving economic growth and integrat...

Published on Sep 23, 2024

Cocoa: Ivory Coast Could Set Purchase Price Between 1,850 and 2,000 FCFA

Following Ghana's lead, Ivory Coast is expected to increase the farm gate price of cocoa, but at a slightly higher level according to Bloomberg.

Published on Sep 23, 2024

Improving the Performance of World Bank-Funded Projects: Government Pledges to Implement Workshop Recommendations

The Ivorian government has committed to executing the conclusions and recommendations from the Workshop on Defining and Validating Monitoring Mechanisms for the Performance of World Bank-funded or co-financed projects. This assurance was given by Koffi Georges Bolamo, Deputy Chief of Staff represent...

Published on Sep 23, 2024

Improving Development Project Performance: Grand-Bassam Hosts Workshop to Define and Validate Monitoring Methods for World Bank-Funded Projects

Grand-Bassam, September 18, 2024 - A workshop aimed at defining and validating performance monitoring methods for World Bank-funded projects is being held in Grand-Bassam from Wednesday, September 18 to Saturday, September 21, 2024.

The goal of the workshop is to establish consensus-driven methods, tools, and frameworks to ensure the opt...

Published on Sep 19, 2024

Public Procurement Trends for the First Half of 2024: 1,829 Contracts Worth 730.3 Billion FCFA Approved, Down 11.8% Compared to 2023

On September 18, 2024, during the Council of Ministers in Abidjan-Plateau, Government spokesperson Amadou Coulibaly presented the public procurement data for the first half of 2024. According to Coulibaly, a total of 1,829 public contracts were approve...

Published on Sep 18, 2024

New Taxes at the Port: The Director General Meets with Vehicle Importers

On Wednesday, September 18, 2024, the Director General of the Autonomous Port of Abidjan (PAA), Mr. Hien Yacouba SIE, received, at their request, a significant delegation from the Union of the New Generation of Freight Forwarders and Used Vehicle Importers of Côte d'Ivoire (SNGTIVO), led by Mr. N'GUESSAN Kouassi Narcisse, the General Secre...

Published on Sep 18, 2024

African Statistical System: Minister Nialé Kaba Urges Stakeholders to Find Solutions for Improving Statistical Quality

Abidjan, September 16, 2024 – During the symposium on national accounts held in Abidjan-Plateau, the Minister of Economy, Planning, and Development, Nialé Kaba, called on African nations' statistical systems to adopt solutions that improve...

Published on Sep 18, 2024

Abidjan Legacy Program and Bayer Sign Partnership to Advance Sustainable Agriculture in Côte d'Ivoire

On September 17, 2024, the Abidjan Legacy Program (ALP) and Bayer West Central Africa (Bayer) solidified their collaboration through a partnership agreement signed by ALP coordinator Abou Bamba and Bayer Deputy General Manager Sefihait Koné at ALP’s headquarters in Abidjan, Côte d'Ivoire. This partnership aims to foster sustai...

Published on Sep 18, 2024

Agriculture/Sustainable Development: Côte d'Ivoire Aims to Reclaim its Position as Africa's Leading Coconut Producer

 Faced with a dramatic decline in its coconut production, which dropped from 406,000 tons in 1986 to 125,565 tons in 2024 (a 70% decrease), Côte d'Ivoire has fallen from first to fifth place on the continent. In response, the country organized an international summit on...

Published on Sep 16, 2024

2024-2025 Rubber Campaign: Certification of Weighbridges in Côte d'Ivoire Launched in Gagnoa

On Friday, September 13, 2024, at Ony-Tabré (Gagnoa), the Rubber-Palm Oil Council of Côte d'Ivoire officially launched the sticker placement for certified weighbridges for the 2024-2025 rubber campai...

Published on Sep 16, 2024

Vivo Energy CI Distributes Over 4 Billion FCFA to Shareholders

Vivo Energy Côte d'Ivoire has concluded the 2023 fiscal year with impressive financial performance, distinguishing itself from other companies in the hydrocarbons sector. The company reported a 13% increase in net p...

Published on Sep 14, 2024