Economy

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-...

Côte d’Ivoire has seen a dramatic turnaround in its fiscal health in recent years, with an improving outlook for headline growth and a reduced debt load. When the Ivoirian economy hit the skids from the late 1970s onwards, its debt levels spiralled ever higher, increasing ten-fold between 1975 and 1995. Private sector creditors predominated until...

The world’s largest producer of cocoa, Côte d’Ivoire is an ethnically, linguistically and religiously diverse West African nation with a rich culture. Once one of Africa’s leading economic powerhouses, the country was afflicted by civil war for much of the past 10 years, including extended unrest following elections in late 2010. However, peace...

Following years of crisis, Côte d’Ivoire has been eager to recapture its former crown as the most dynamic economy in West Africa, and with the benefits of both stability and headline growth, the prospects are encouraging. After decades of chronic under-investment by the public and private sectors alike, much of Côte d’Ivoire’s economic fabric and...

Côte d’Ivoire has seen an encouraging turnaround in diplomatic relations with a variety of partners. In the first decade of this century ties between the central government (for much of the decade the north was under rebel rule) and the West became strained, and the regime in Abidjan was increasingly isolated, both regionally and internationally...

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