Oil production retains its key role in the economy, however plans are under way to encourage diversification away from hydrocarbons towards an economy that is more knowledge based. The political climate has been characterised of late by a number of disputes, often resulting in either the resignation of the government or the dissolution of parliament, which has contributed to the slow progress of some projects.
More than any other sector, the Ivoirian government has placed transport and infrastructure at the centre of its plans to revitalise the national economy after a decade of political instability and under-investment. The improvement of Côte d’Ivoire’s transport network is essential to increasing growth in its export-led agriculture sector and the nascent mining industry, as well as capitalising...
A leading cocoa producer and exporter of low-cost power, Côte d’Ivoire is one of the more economically diverse and mineral-rich countries in West Africa. The country is a member of ECOWAS and the Economic and Monetary Community of Central Africa, as well as party to several international trade agreements, which help improve macro stability.
With a long-established track record as the continent’s largest financial platform and one of the world’s biggest mining producers, South Africa has significant economic clout in the region.
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