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Chapter | Country Profile from The Report: Cote d'Ivoire 2018

Côte d’Ivoire has long been regarded as one of West Africa’s richest and most diverse countries due to its linguistic, ethnic and religious diversity. While agriculture remains a key driver of economic progress, there is an abundance of other natural resources, including crude oil – with proven reserves of around 100m barrels – natural gas and diamonds. As a member of UEMOA, the African Union...

Côte d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011, registering an average GDP growth rate of 9.3% in the five years to 2016. By far the biggest economy in the UEMOA and the third largest in ECOWAS, the IMF expects GDP expansion in the West African nation to be sustained, forecasting growth of above 7% through to 2019.

 

How has Egypt’s diplomatic role in the Middle East evolved over the past three years?

 

While Egypt has long looked internationally to build alliances and win favour, the country’s immediate neighbourhood is becoming an increasingly important source of support. As the oil-rich states of the Gulf become more politically assertive, Egypt is navigating this new regional reality. At the same time, however, the MENA region is still...

 

The economy notably improved in FY 2016/17, with GDP growth averaging 4.6% in the second half of the period – the fastest expansion since FY 2009/10, according to the Central Bank of Egypt (CBE).

 

What has been done to support small and medium-sized businesses (SMEs) entering the formal sector of Africa’s economy?

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