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Economic News

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

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