Political stability and continued economic growth are fuelling the development of the retail industry. This is attracting new consumer goods manufacturers to the country and driving the development of new shopping outlets with diverse offerings to cater to changing consumer habits. The number of retail points is growing through both brick-and-mortar expansion and e-commerce platforms, as more...
With a wide variety of crops and a high number of cultivation regions, agriculture has long been a valuable economic sector. Fertile land, sought-after cash crops and a favourable climate have all contributed to the industry becoming a crucial source of revenue. Besides being the number-one cocoa producer in the world for many years, Côte d’Ivoire has become one of the largest cashew nut...
Greater involvement from private energy companies, especially on the production side, has led to increases in electricity production capacity, which reached 2020 MW in 2017. While gas-fuelled thermal power plants accounted for 80% of production that year, plans to boost hydropower capacity, and upcoming biomass and solar power projects, will be critical to diversifying the energy mix and...
Industry has quickly become a critical component of the Ivorian economy. This is due, in large part, to an abundance of highly sought-after natural resources. Despite insufficient levels of investment in previous years, Côte d’Ivoire is slowly trying to reclaim its former position as West Africa’s manufacturing centre. Indeed, the sector’s profile is being raised by the creation of new...
The insurance sector has enjoyed a dynamic half-decade. Strong and sustained economic growth since 2012 has made the industry increasingly attractive, prompting the arrival of multiple new competitors aiming to establish a foothold in West Africa’s biggest insurance market. From its low base, insurance penetration should continue to increase, thereby encouraging overall expansion. With...
In September 2018 the Bourse Régionale des Valeurs Mobilières (BRVM), which is headquartered in Abidjan, will celebrate its first 20 years in operation. The past decade has seen a significant increase in the volume of listings, liquidity, valuations and the number of market participants. A long-awaited third compartment of the equity market was launched in the final month of 2017, while the...
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