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Economic News

Côte d’Ivoire reports major gold discovery as Aurum plans Boundiali mine

Australian mining company Aurum Resources has reported gold resources estimated at 115 tonnes at its Boundiali project in northern Côte d’Ivoire, with construction of a new mine expected to begin by the end of 2026.

The company’s chief executive, Caigen Wang, presented the results of two years of exploration to Prime Mi...

Published on Oct 09, 2026

Côte d’Ivoire turns to AI and satellite data to monitor forests and agriculture

Côte d’Ivoire is turning to satellite data and artificial intelligence to strengthen forest monitoring, improve agricultural traceability and support efforts to attract climate finance. The government has signed a 24-month framework agreement with TerraKora AI, an Ivorian company specializing in geospatial technologies and artificial...

Published on Oct 08, 2026

Barry Callebaut plans to triple chocolate production capacity in Côte d’Ivoire

Swiss chocolate and cocoa group Barry Callebaut plans to triple the capacity of its chocolate production line in Côte d’Ivoire as part of a 10-year growth programme focused on the world’s largest cocoa-producing country, the company’s chief executive said on Tuesday.

Barry Callebaut CEO Hein Schumacher made the an...

Published on Oct 07, 2026

Côte d’Ivoire breaks new ground with first 20-year bond on regional debt market

Côte d’Ivoire has broken new ground on the West African regional debt market by issuing its first 20-year Treasury bond, extending the maturity of local-currency borrowing beyond the previous 15-year record and attracting strong investor interest.

The operation was conducted on Tuesday, October 6, through an auction on the UM...

Published on Oct 07, 2026

Africa launches its own credit rating agency to challenge how its risk is assessed

The African Union is set to launch the Africa Credit Rating Agency (AfCRA) on Wednesday in Mauritius, giving the continent its own institution to assess the creditworthiness of African governments, companies and other entities.

The agency is designed to provide an Africa-focused perspective on credit risk and address concerns that intern...

Published on Oct 06, 2026

BCEAO to require PI-SPI for interoperable electronic money transfers from November

The Central Bank of West African States (BCEAO) will require interoperable electronic money transfers between individuals in the West African Economic and Monetary Union (WAEMU) to go through its PI-SPI instant payment platform from Nov. 2, 2026.

The measure is part of the central bank’s efforts to expand access to instant payments...

Published on Oct 05, 2026

Côte d’Ivoire Aims to Inject New Momentum into Mango Industry Management

In Côte d’Ivoire, the mango sector will now be supervised by the Cotton, Cashew, and Shea Council (CCAK). The announcement was made on Wednesday, September 23, following a Council of Ministers meeting. According to authorities, this decisio...

Published on Oct 04, 2026

Côte d’Ivoire plans 1,014 km of highways to connect regions

Côte d’Ivoire plans to build 1,014 kilometres of highways and 6,774 kilometres of paved intercity roads between 2026 and 2030, as part of its new National Development Plan (PND).

The road programme is designed to improve connections between the country’s regions, production areas, economic centres and markets.

T...

Published on Oct 02, 2026

BOAD steps up financing support for Côte d’Ivoire’s private sector

The West African Development Bank (BOAD) presented its financing instruments to Ivorian businesses on Thursday as it seeks to increase its support for the private sector, which is expected to provide most of the investment required under Côte d’Ivoire’s 2026-2030 development plan.

The bank organised a breakfast debate i...

Published on Oct 02, 2026

Côte d’Ivoire accounts for nearly 60% of PlaYce’s African revenue

Côte d’Ivoire has emerged as PlaYce’s largest African market, accounting for nearly 60% of the retail chain’s revenue across its operations in Côte d’Ivoire, Cameroon and Senegal during the financial year ended March 31, 2026.

The Ivorian subsidiary generated €11.91 million in revenue, up from &eu...

Published on Oct 02, 2026

Côte d’Ivoire seeks to unlock untapped potential of its beekeeping sector

Côte d’Ivoire is seeking to develop its beekeeping industry as part of efforts to diversify agricultural incomes, increase local processing and create new export opportunities, officials said at a sector review in Abidjan.

Laure Tchikaya, technical adviser to the minister of Trade, Industry and Handicrafts, said on Sept. 29 t...

Published on Oct 01, 2026

Côte d’Ivoire plans first national gold refining unit for 2027

Côte d’Ivoire plans to put its first national gold refining unit into operation by the end of the first half of 2027, as the country seeks to capture more value from its growing gold industry and strengthen control over artisanal and small-scale mining.

Mamadou Sangafowa-Coulibaly, the minister of Mines, Petroleum and Energy,...

Published on Oct 01, 2026