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Economic News

AfDB Honors Dr. Akinwumi Adesina in Abidjan After a Decade of Transformational Leadership

Abidjan, August 30, 2025 – The African Development Bank (AfDB) held a grand farewell ceremony on Saturday in honor of its outgoing president, Dr. Akinwumi A. Adesina, at the Sofitel Hotel Ivoire in Abidjan. The event featured emotional tributes,...

Published on Aug 31, 2025

Côte d'Ivoire: Sidi Ould Tah, the New President of the AfDB Group, to Be Sworn In Next Monday in Abidjan (Official)

The newly elected President of the African Development Bank (AfDB) Group, Mauritanian national Sidi Ould Tah, will be officially sworn in on Monday, September 1st, 2025, at the Sofitel Hotel Ivoire in Abidjan. The ceremony will take place in the presence of Ivorian President Alass...

Published on Aug 29, 2025

Côte d'Ivoire Leads Africa in Banana Exports in 2025

According to Africa Reports, Côte d'Ivoire is leading Africa in banana exports in 2025, with an estimated 403,000 tons shipped. This makes it the top exporter of bananas to the European market and other global destinations, according to ResearchGate and other sources. <...

Published on Aug 27, 2025

USA Grants $66 Million to Côte d’Ivoire for Data Center Construction

Côte d’Ivoire is making data centers a priority in its digital sector. However, the implementation of such infrastructure requires massive funding, often beyond the State’s means, paving the way for partnerships and external support.<...

Published on Aug 25, 2025

Australia’s Castel Minerals to Acquire First Mining Assets in Côte d’Ivoire

Australian mining company Castel Minerals is set to enter Côte d’Ivoire with the acquisition of Mineralis and seven high-potential gold permits, strengthening its expansion strategy in West Africa alongside its projects in Ghana.

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Published on Aug 24, 2025

Food Value Chains: The World Bank Applauds the Development of PDC2V Beneficiaries’ Activities

Following a visit to southeastern Côte d’Ivoire on Tuesday, August 12, 2025, Tony Verheijen, Operations Manager for Côte d’Ivoire, Togo, and Guinea at the World Bank, expressed his satisfaction with the development of activities...

Published on Aug 19, 2025

Côte d’Ivoire’s Banking Sector Shakes Up the Rankings: Top 5 Banks of 2024 Revealed

The Ivorian banking industry closed 2024 with notable changes at the top of its leaderboard, highlighting both resilience and fierce competition among financial institutions. According to the 2024 annual report of the UMOA B...

Published on Aug 18, 2025

Regional Development: Bouaké to Host the “Invest in the Autonomous District of the Bandama Valley” Forum on September 11–12, 2025

 The Autonomous District of the Bandama Valley and the Investment Promotion Centre of Côte d'Ivoire (CEPICI) officially launched, on July 30, 2025, in Abidjan, the Invest in the Autonomous District of the Bandama Valley Forum, scheduled for...

Published on Aug 16, 2025

Launch of the African Energy Bank: APPO Executive Council Speeds Up the Process

Created in 2022 by the African Petroleum Producers’ Organization (APPO), the African Energy Bank (AEB) could become operational in the very near future. Recently meeting in Kintélé, the APPO Executive Council decided to accelerate t...

Published on Aug 11, 2025

High Cocoa Prices Drive Smuggling Surge, Alarming Traders

Cocoa smuggled from the world’s largest producer, Côte d’Ivoire, is leading to supply shortages and traceability concern...

Published on Aug 08, 2025

Cold weather and scant rains worry Côte d’Ivoire cocoa farmers

A persistent cold spell across most of Côte d’Ivoire's cocoa-growing regions could jeopardize the development of the next October-to-March main crop, farmers warned on Monday, saying plantations need more sunshine and rain.

Published on Aug 08, 2025