Côte d’Ivoire’s industrial sector has a long and storied history as one of the most developed in the sub-region, but as with many parts of the economy, it is recovering from the adverse impact of a decade of unrest. Resolution of the political crisis in 2011, and the recovery that it sparked, has started to bring about improvements. As such, the secondary sector increased its contribution to...
Bolstered by the economic rebound since 2012, double-digit growth in Côte d’Ivoire’s insurance sector is attracting new entrants and product innovation. While it is the largest market of the 15-country Inter-African Conference of Insurance Markets, the sector is fragmented for its size. With large-scale public projects expected to generate strong GDP growth in 2014, the priority will be to...
Host to francophone West Africa’s regional stock exchange, the Bourse Régionale des Valeurs Mobilières (BRVM), Côte d’Ivoire has a more sophisticated financial services industry than most of its peers in the region. The sixth-largest of Africa’s 29 exchanges by capitalisation, the BRVM has seen the market value of its listed equities grow over five-fold from CFA1.02trn (€1.53bn) at its...
As the established banking centre of the West African Economic and Monetary Union (Union Economique et Monétaire Ouest-Africaine, UEMOA), Côte d’Ivoire’s financial services industry has sustained double-digit growth since emerging from the national crisis in 2011. The market still faces legacy issues, such as high aggregate non-performing loans and under-performing public lenders, but...
Driven by rising government spending and public-private partnerships (PPPs) in infrastructure, economic growth has rebounded to high single-digits in the years since 2012. While substantial debt relief and support from development finance institutions is underwriting fast-rising public investment, attracting both foreign and domestic private investment will be crucial to attaining the...
Possessing rich cultural diversity, Côte d’Ivoire is located on the coast of West Africa. As the world’s largest producer of cocoa, a regional electricity exporter and a developed financial centre, the country’s prosperity in the post-independence era allowed it to establish itself as an influential commercial and diplomatic player. Civil unrest disrupted its development over the past decade,...
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