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Economic News

Visit of Invest International CEO to Abidjan: Strengthening Infrastructure Projects with €300 Million Dutch Investment

On January 13 and 14, 2025, Mr. Diederick van Mierlo, CEO of Invest International, the public investment bank of the Netherlands, visited Abidjan. This visit follows the memorandum of understanding signed in October 2023 between the Netherlands and Côte d'Ivoire for a €...

Published on Jan 23, 2025

Consolidation of Côte d'Ivoire's Status as an Energy Hub

As part of its economic development strategy, the Republic of Côte d'Ivoire is strengthening its position as a regional energy hub through strategic reforms and significant discoveries in the extractive and energy sectors. Major deposits like Bal...

Published on Jan 22, 2025

Cashew Industry: Côte d'Ivoire Strengthens Its Position as Global Leader with Increased Production and Accelerated Local Processing

As part of its strategy to enhance agricultural value chains, Côte d'Ivoire, the world’s largest producer of cashew nuts, continues to strengthen its leadership in the international market. For the 2025 season, producers will benefit from a...

Published on Jan 22, 2025

Côte d'Ivoire: A Promising Start on the Regional Public Debt Market in 2025

On January 7, 2025, Côte d'Ivoire successfully launched its first public debt fundraising operation on the regional market, attracting significant interest from investors. The initial target of 60 billion CFA francs was substantially exceeded, wi...

Published on Jan 22, 2025

Africa Gate to Growth Forum 2025: Ministry of Digital Transition Supports Ivorian Start-Ups to Silicon Valley

As part of its goal to make Côte d'Ivoire the technological hub of West Africa, the government, through the Ministry of Digital Transition and Digitalization, has provided institutional support to help Ivorian start-ups travel to Silicon Valley, USA. This initiative was officially launched on...

Published on Jan 22, 2025

Africa Gate to Growth Forum 2025: The Ministry of Digital Transition Supports Ivorian Start-ups to Silicon Valley

As part of its ambition to make Côte d'Ivoire the technological hub of the West African sub-region, the Government, through the Ministry of Digital Transition and Digitalization, has provided institutional support to help Ivorian start-ups travel...

Published on Jan 21, 2025

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