Economy

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Côte d’Ivoire’s economy is clearly enjoying strong progress, with the IMF forecasting that real GDP growth will reach 8% in both 2016 and 2017. This trend is partly based on the momentum of a continued rebound effect, after several years of civil unrest came to an end in 2011, with capital still pouring into neglected infrastructure networks...

 

Côte d’Ivoire operates a presidential political system, under which the president is the head of state and holds extensive executive power. He or she appoints a prime minister, who in turn selects the Cabinet. The president is also head of the armed forces and initiates most legislation, though parliament can also do so. The head of state is...

 

The volume of people and goods which traverse Côte d’Ivoire’s border with Ghana is significant both socially and economically. Relations between the two countries, however, have not always been straightforward. Côte d’Ivoire gained its independence from France in 1960, three years after its eastern neighbour won its independence from the UK....

 

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...

 

In 2016 Jean-Louis Billon, Côte d’Ivoire’s former minister of commerce, noted that while 80% of all firms operating in the country could be categorised as small and medium-sized enterprises (SMEs), the segment was receiving just 12% of total investment.

 

Ethnically, linguistically and religiously diverse, Côte d’Ivoire is a West African nation with a rich culture. Once one of the continent’s leading economic powerhouses, the country was afflicted by civil war for much of the past 10 years. However, peace has largely prevailed since April 2011, and the nation is now looking to reclaim its...

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