Agriculture has been the largest single economic growth driver in Côte d’Ivoire in the years following independence, supported by a diverse selection of cash crop offerings that have benefitted from strong government support and promotion, fertile land, a favourable climate and growing conditions, and abundant water resources. The country is...
Among its many high-value cash crops, Côte d’Ivoire’s cashew sector stands out as particularly high-potential, with the country reaching record production in 2015, beating India to become the world’s top exporter. Bolstered by rising global demand and strong market prices, the sector is set for another strong year in 2017 as the government...
With the return to stability and economic growth, foreign direct investment is again flowing into Côte d’ Ivoire’s hydrocarbons sector. Prompted by the prospects of greater oil finds and growing domestic demand for gas, companies have sought to make the most of existing production fields, while also seizing the opportunity to further...
With economic growth pushing household incomes upwards in Côte d’Ivoire, new opportunities are arising for retailers and the development of fast-moving consumer goods (FMCG). The improvement of domestic conditions, coupled with a rising population, is leading several global FMCG manufacturers to set up local production facilities to cater for...
Power is one of the biggest hurdles to stronger growth in the sub-Saharan African region. A number of factors – from dumsor in Ghana and high tariffs in Kenya to a lack of grid access in Gabon – mean that both households and industrial firms are often subject to inconsistent and unreliable electricity supply.
With a stated goal of having industry account for close to 40% of the country’s economy by 2020, up from 25% currently, the authorities are focusing on the development of new industrial zones to cater to emergent manufacturing capacity. The effort involves revamping existing economic zones and developing new areas to be managed under public-...
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