Côte d’Ivoire is one of Africa’s most rapidly expanding economies, with significant oil, gas and mineral reserves, a major agriculture sector and a growing and youthful population all driving the country forwards. Possessing a wide range of natural environments, stretching from tropical rainforest to dry savannah, the former French colony is...
Although trade flows among African states remain below their potential, an ambitious project is under way to accelerate economic integration and significantly expand intra-continental trade. Spearheaded by the African Union (AU), the African Continental Free Trade Area (AfCFTA) agreement was signed in March 2018 and aims to substantially...
Modern Côte d’Ivoire lies in a region that has seen waves of migration and conflict over the centuries as well as great trade and prosperity, with many empires rising and falling along the way. The first archaeological discoveries date back to the Neolithic. The Ahouakro Archaeological Park in northern Tiassalé, which is on the UNESCO...
Although the country’s humid climate hinders the preservation of biological remains, archaeological finds suggest that humans may have inhabited areas that became Côte d’Ivoire as early as the Neolithic period, from 15,000 BCE onwards. The first recorded history, however, comes from Berber merchants from North Africa who plied trans-Saharan...
Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation (WTO), trade volume grew by 4.7% in 2017 and is expected to have moderated slightly to 4.4% in 2018 and dip to 4% in 2019. Although this means growth will fall below the 4.8% average seen since...
In its ambition to maintain sustainable growth, one of the main challenges faced by Côte d’Ivoire is its capacity to increase income, particularly its tax revenue. Although the amount of duties collected rose steadily in recent years, the tax-to-GDP ratio has remained relatively low, rising modestly from 15.1% in 2015 to 16.5% in 2018, some...
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