Africa Economy

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Chapter | Country Profile from The Report: Cote d'Ivoire 2020

Côte d’Ivoire is one of Africa’s most rapidly expanding economies, with significant oil, gas and mineral...

Côte d’Ivoire is an economic powerhouse in West Africa, posting average growth of 8% between 2011 and 2018. However, the rate of GDP growth in real terms fell to 6.7% in 2019 and is expected to contract to 2.7% in 2020 due to the Covid-19 pandemic and subsequent widespread shutdowns. Looking to the future, the IMF expects growth to rebound to 8.7% in 2021, highlighting the country’s economic resilience. 

Morocco received praise from the EU at the end of April for its quick, effective and coordinated response to the coronavirus pandemic.

As Nigeria scales back its coronavirus restrictions, the country is looking to digital innovation to ease the impact of an economic slowdown and maintain food security.

The onset of a coronavirus-induced global recession has affected both labour markets and financial flows across the world. At the confluence of these two are remittances, which have increasingly been among the top contributors to GDP in many emerging markets over recent decades.

In what ways can robotics and AI help overcome the challenges posed by Covid-19?

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