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Economic News

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

The Remarkable Success of Transsion Holdings in Côte d'Ivoire: Lessons and Insights

Transsion Holdings, a Chinese company renowned for its smartphones and home appliances, has made significant strides in Côte d'Ivoire, reflecting its broader success across Africa. With its brands Tecno, Itel, and Infinix, Transsion has not only become a dominant player in the global mobile phone market but has also carved a niche in C&oci...

Published on Aug 22, 2024

Accelerating the Digital Transition: Minister Kalil Konaté Joins Key Meetings in India and Japan

- An Ivorian delegation led by the Minister of Digital Transition and Digitalization, Kalil Konaté, departed on August 17, 2024, for India and Japan to attend significant meetings.

The primary goal for the Ivorian Minister is to participate in a conference organized by the Confederation of Indian Industry (CII). This conference wi...

Published on Aug 21, 2024

Top 5 Importers of Ivorian Cocoa

☑️Infography by SIKA Finance

Published on Aug 16, 2024

African Caucus 2024 in Abuja: Nialé Kaba Discusses the Impact of IDA Contributions on Ivory Coast’s Development

Representing Ivory Coast at the African Caucus 2024, held from August 1 to 3 in Abuja, Nigeria, Nialé Kaba, Minister of Economy, Planning, and Development, shared insights on the impact of the International Development Association (IDA) contributions to the country’s development and economic transformation processes.

As the...

Published on Aug 07, 2024

Petroleum Exploration Onshore: Ivorian Government and American Group Elephant Oil Sign Three Production Sharing Contracts

On Tuesday, July 30, 2024, in Abidjan, the Ivorian Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, and the General Director of the American group Elephant Oil, Matthew Lofgran, signed three Production Sharing Contracts (PSCs) for onshore oil blocks. The contracts pertain to blocks CI-520, CI-521, and CI-522, located in the...

Published on Aug 01, 2024

Ivorian Minister Aims to Transform Mining and Energy Sectors for Sustainable Growth

In a recent statement, Mamadou Sangafowa Coulibaly, Côte d'Ivoire's Minister of Mines, Petroleum, and Energy, outlined his vision to elevate the country's mining and energy sectors as key drivers of sustainable and robust growth. Speaking at the opening of a workshop dedicated to validating the national energy and mineral resources policy...

Published on Jul 30, 2024

Travelogue of the Refurbishment of the Liaison Yopougon-Road of Dabou

Accompanied by his colleague Koffi N'guessan, Amédé Koffi Kouakou, Minister of Equipment and Road Maintenance, conducted a site visit on July 18, 2024, in Yopougon (Abidjan) to inspect the ongoing works for reinforcement and expansion of the sand...

Published on Jul 19, 2024

Côte d'Ivoire Achieves 85.5% Reform Implementation Rate in 2023

Côte d'Ivoire  has bolstered its performance with a highly satisfactory reform implementation rate of 85.5% in 2023, marking an increase from 127 reforms evaluated in 2022 to 131 by the end of the year, announced Abdoulaye Diop, President of the West African Economic and Monetary Union (UEMOA) Commission.

He made these re...

Published on Jul 03, 2024

Recent Gas Discoveries Enable Affordable Electricity for Côte d'Ivoire

The Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, has indicated that the recent natural gas discoveries off our coasts present promising prospects for the electricity sector in Côte d'Ivoire. Mamadou Sangafowa-Coulibaly made this statement during the press conference "Les Rendez-vous du Gouvernement" on Thursday, J...

Published on Jun 06, 2024