Loading...

Economic News

Coris Bank International Côte d'Ivoire Acquires Retail Banking Portfolio from Standard Chartered

On Friday, August 30, 2024, Coris Bank International Côte d'Ivoire marked a significant milestone by signing an agreement to acquire the retail banking portfolio of Standard Chartered Bank. This acquisition solidifies Coris Bank International's position...

Published on Sep 03, 2024

Côte d'Ivoire Freezes Assets of 29 Individuals for Terrorism Involvement

Côte d'Ivoire has taken decisive action against terrorism by freezing the assets of 29 individuals accused of participating in terrorist activities within the country. The list includes 15 Burkinabè, 7 Ivorians, 5 Malians, 1 Gambian, and 1 Mauritanian, all of whom have been implicated in various terrorist-related offenses.

T...

Published on Sep 01, 2024

Tourism in Northern Côte d'Ivoire: Resilience Amid Challenges

On the road to the North, nearly 600 kilometers from the economic capital Abidjan, concerns are not new. "After the attacks, we were truly frightened, especially in our line of work," says a tourism professional from the city of Korhogo. The guide refers to the various attacks that have impacted the district and neighboring regions. Between 2020...

Published on Sep 01, 2024

Côte d'Ivoire Attracts Chinese Investors in Strategic Natural Resources Sectors

A delegation of Chinese business operators visited the Côte d'Ivoire Chamber of Commerce and Industry (CCI-CI) in Abidjan Plateau on Monday, August 26, 2024, to explore investment opportunities in the country's key natural resource sectors, including mining, forestry, agriculture, and fisheries.

"Côte d'Ivoire is full of oppo...

Published on Aug 29, 2024

Côte d'Ivoire: Solar Kits for Health Centers

In 2022, the electrification rate in rural areas of Côte d'Ivoire was 42%, significantly higher than the regional average but still insufficient to meet all urgent energy needs, particularly for health centers and other critical facilities.

To support the Ivorian Ministry of Health, the United Nations Office for Project Services (U...

Published on Aug 29, 2024

E-commerce: The Government Aims to Make Côte d'Ivoire a Regional Hub

 As part of the implementation of the National Development Program (PND 2021-2025) and the National Digital Strategy in Côte d'Ivoire (SNNCI 2021-2025), the government has set an ambitious goal to make Côte d'Ivoire a regional hub for e-commerce. This vision was articulated during a workshop organized by the Ministry of Commerce...

Published on Aug 29, 2024

6th International Solar Alliance Meeting: Over 100 Villages to Be Electrified by Solar Photovoltaic Mini-Grids by 2030

At the opening of the 6th Regional Committee meeting for Africa of the International Solar Alliance (ISA) in Abidjan on August 28, 2024, Sansan Kambilé, Minister of Justice and Human Rights, representing the Minister of Mines, Petroleum, and Energy Mamadou Sangafowa-Coulibaly, announced that over 100 villages with more than 500 inhabitant...

Published on Aug 28, 2024

Regional Workshop on Examining and Validating Regulatory and Institutional Documents for the Africa-to-Africa Gas Pipeline Project

A regional workshop to examine and validate the Intergovernmental Agreement (IGA) and Host Country Agreement (HGA) for the unique Nigeria-Morocco Gas Pipeline Project commenced on Tuesday, August 27, 2024, in Abidjan. The event saw the participation of Jean-Baptiste Aka, Cabinet Director representing the Minister of Mines, Petroleum, and Energy,...

Published on Aug 28, 2024

Palm Oil and Fuels Propel Côte d'Ivoire to Top African Supplier Position for Cameroon

In 2023, Côte d'Ivoire emerged as Cameroon’s leading African supplier, according to the external trade report between Cameroon and African countries published on August 19, 2024, by the National Institute of Statistics (INS). The West African nation captured 15.9% of the Cameroonian market, supplying 84,369 tonnes of goods worth near...

Published on Aug 28, 2024

Celebrating 60 Years of Impact: The African Development Bank's Journey from 1964 to 2024

This year marks the 60th anniversary of the African Development Bank (AfDB), a cornerstone institution in driving sustainable economic growth across Africa. Established in September 1964 in Khartoum, Sudan, the Bank was founded with a clear mission: “To Promote Sustainable Economic Growth and Reduce Poverty in Africa.” Since its ince...

Published on Aug 26, 2024

Côte d'Ivoire's National Development Plan 2021-2025: A Pathway to Sustainable Growth

Côte d'Ivoire's National Development Plan 2021-2025: A Pathway to Sustainable Growth"

The National Development Plan (PND) 2021-2025...

Published on Aug 26, 2024

BHCI: Desirée Eliane Yacé Resigns; Karna Patrice Coulibaly Appointed Interim CEO

Desirée Eliane Yacé, née Ouassenan, has resigned from her position as CEO of Banque de l'Habitat de Côte d'Ivoire (BHCI). The announcement was made in a statement released on Friday, August 23, 2024.

According to the statement, Yacé decided to end her tenure to explore new professional opportunities. The...

Published on Aug 26, 2024