Côte d’Ivoire approved its second National Development Plan (Plan National de Développement, PND) in early 2016 to cover the 2016-20 period, following on from the 2012-15 PND. The new plan is aimed at transforming Côte d’Ivoire into an emerging country by 2020, has the backing of the World Bank and the IMF, and is focused on addressing...
Founded in 1975 to promote economic integration in West Africa and eventually bring about full economic and monetary union, ECOWAS is made up of 15 members, namely Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria (where the bloc is headquartered, in the capital Abuja),...
Several reforms over the past two years are helping to pave the way for greater liquidity on the Abidjan-based Bourse Régionale des Valeurs Mobilières (BRVM)The bourse has seen its market capitalisation more than double since 2012, but as with many emerging and frontier markets, trading is low and the exchange is dominated by “sit and hold”...
Côte d’Ivoire’s constitution establishes the country as a republic operating a unitary system of government, with a legislature, an executive branch and an independent judiciary. The legal system is based on the civil code tradition rather than the British system of common law, reflecting the nation’s history as a French colony.
Progress on several major infrastructure projects helped sustain Côte d’Ivoire’s sixth consecutive year of solid economic growth in 2016. Works planned under the 2016-20 National Development Plan (Plan National de Développement, PND) – announced by President Alassane Dramane Ouattara following his re-election in late 2015 – will be a key...
Côte d’Ivoire is prospering on the back of renewed political stability and rapid economic growth, although as is the case with many fast-growing markets, the rewards have not been evenly distributed. The government has grappled with the high concentration of economic activity in select regions, which has compounded regional inequality and led...
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