As part of plans to turn itself into the shipping and logistics centre for West Africa, Côte d'Ivoire is pushing ahead with investment in its primary ports of Abidjan and San Pédro, both of which play key roles in maintaining the country’s external position. Critical improvements in port infrastructure are needed to underpin the government’s long-...
After a decade-long crisis, donor funds are set to provide the Ivoirian government with enough capital to kickstart a series of public-private partnerships (PPPs) meant to re-launch its weakened economy. The government’s roadmap, including billion-dollar infrastructure projects, and a deficit of about 400,000 homes offer many opportunities in the...
Amid the eurozone’s well-publicised difficulties, one might be forgiven for thinking monetary unions are falling out of fashion. However, the appetite for shared currencies is still strong in Africa, with two large regional groupings already proving their benefits, in Francophone West Africa and Francophone Central Africa. Although they are smaller-...
After decades of turbulence, the Ivoirian banking sector is experiencing something of a renaissance. Like the economy, Côte d’Ivoire’s banking sector was growing robustly until a crisis brought on by enthusiastic lending struck in the early 1980s. Bank defaults during this period cast a long shadow, paving the way for a steady increase over the...
Deep in debt from a decade of economic stagnation and years of civil war, Côte d’Ivoire cannot do it alone. That is why its government, led by former International Monetary Fund (IMF) economist Alassane Dramane Ouattara, is working to woo private partners to rebuild the resource-rich West African nation. Over the past 10 years, Côte d’Ivoire has...
Once the predominant cash crop of the north and key generator of export earnings, the cotton sector saw production fall from 400,000 tonnes per year in 2001 to 100,000 tonnes in 2008. Mismanaged liberalisation policies, a fall in global cotton prices and civil war led to farmers abandoning cotton for other cash and staple food crops like cashew nut...
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