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Economic News

Dangote Cement Signs $1 Billion Contract with Sinoma to Build 12 New Plants Across Africa

African cement giant Dangote Cement Plc is accelerating its continental growth strategy. The group has signed an agreement estimated at over $1 billion with Chinese company Sinoma International Engineering for the construction of twelve new cement plan...

Published on Mar 01, 2026

Abidjan–Lagos Highway: New Governance Structure for the 1,028 km Project

Momentum is building around one of West Africa’s most transformative infrastructure projects: the Abidjan–Lagos Corridor. On February 19 and 20 in Abidjan, the African Development Bank (AfDB) Group and the Economic Community of West African...

Published on Feb 28, 2026

African Development Bank invests €6.5 million in tech start-ups in Francophone Africa

The African Development Bank (AfDB) has approved an investment of €6.5 million (approximately 4.26 billion CFA francs) to support early-stage tech start-ups in several Francophone African countries, including Côte d’Ivoire, Senegal, Burkina Faso, and Mali, as well as other regional markets.

The funding will primarily be...

Published on Feb 28, 2026

International distinction: Ivorian cocoa awarded in Amsterdam

Ivorian cocoa has been recognized at the 2025 edition of the “Cacao of Excellence” Awards, held on February 20, 2026 in Amsterdam, the Netherlands, on the sidelines of the Amsterdam Cocoa Week.

Organized under the Cacao of Excellence initiative, the competition rewards the world’s finest cocoa beans based on physical an...

Published on Feb 28, 2026

Cocoa Sector: Government Revises Sales Campaign Calendar

The government has revised the marketing calendar for cocoa sales campaigns. From now on, the main cocoa campaign will open on September 1 and close on February 28. The mid-crop (small) campaign will begin on March 1 and end on August 31, according to information released by the Conseil du Café-Cacao on Friday, February 27, 2026.

...

Published on Feb 28, 2026

Egypt: IMF Approves €2 Billion to Support Economic Recovery

Egypt, North Africa’s largest economy, continues its economic recovery following a crisis marked by a sharp depreciation of its currency and record-high inflation. To support this rebound, the International Monetary Fund (IMF) has approved a new disbursement of approximately $2.3 billion, equivalent to about €2 billion.

This t...

Published on Feb 27, 2026

Morocco and Côte d’Ivoire Among Africa’s Least Risky Economies in 2026, According to Allianz Trade

In a global environment marked by economic uncertainty, rising financing costs, and slowing growth, some African economies are showing relatively stable performance. This is highlighted in the Country Risk Atlas 2026 published by Allianz Trade.

According to the report, Morocco is considered the country with the lowest business r...

Published on Feb 27, 2026

Côte d'ivoire Records Record Trade Surplus in Q4 2025

In the fourth quarter of 2025, Côte d'ivoire recorded a historic trade surplus of 2,123 billion FCFA, with an import coverage rate of 173.3%, confirming the strength of its export model.

The country’s exports rose by 20.3%, reaching 5,051 billion FCFA. Key contributors included:

  • Cocoa beans (+34.4%)

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    Published on Feb 27, 2026

Regional EU Business Forum – West African Corridors: Progress in Preparations for Late March 2026

Preparations for the Regional Forum on the Abidjan-Ouagadougou and Abidjan-Lagos corridors are in full swing. The forum will take place from March 30 to April 1, 2026, at the Sofitel Hôtel Ivoire in Abidjan.

The main goal of the forum is to strengthen infrastructure, transport, and logistics along the West African corridors while p...

Published on Feb 27, 2026

Côte d’Ivoire: Companies Benefit from Economic Momentum, Recording Strong Growth

Several companies operating in Côte d’Ivoire have recorded significant revenue growth over the past three years, reflecting a gradual transformation of the national economy. This trend is particularly visible in the digital, logistics, infrastructure, and agro-industry sectors.

Data from national economic agencies indicate th...

Published on Feb 26, 2026

CEPICI Secures Nearly 200 Billion FCFA Investment to Boost Cashew Processing and Strengthen Côte d’Ivoire’s Agro-Industrial Hub

The Investment Promotion Center of Côte d’Ivoire (CEPICI) is continuing the momentum launched during its 2025 Review Conference, marked by the mobilization of 4,242 billion FCFA in private investment under the 2021–2025 National Development Plan (NDP).

On February 19, 2026, the institution signed two Memorandums of Unde...

Published on Feb 26, 2026

Minister Souleymane Diarrassouba Presents Business Opportunities Linked to the 2026–2030 NDP to an African Development Bank Delegation

The Minister of Planning and Development, Souleymane Diarrassouba, met on Tuesday, February 24, 2026, with a high-level delegation from the African Development Bank (AfDB) led by Joseph Ribeiro, Deputy Managing Director in charge of West Africa, at his office in the SCIAM building in Plateau.

The meeting, following the AfDB President&rsq...

Published on Feb 26, 2026