Côte d’Ivoire has recently attracted a raft of investments that are set to increase the country’s capacity to process its raw agricultural production. These follow government initiatives to develop the agro-industrial segment and boost local value addition, which are among the country’s top economic goals.
Government initiatives to strengthen Côte d’Ivoire’s industrial base have continued to yield results. Following the August 2018 implementation of the new Investment Code, which was modified one year later, companies operating in agro-industry – one of the main pillars of the industrial sector – have invested hundreds of millions of dollars in...
Government initiatives to strengthen Côte d’Ivoire’s industrial...
Government initiatives to strengthen Côte d’Ivoire’s industrial base have continued to yield results. Following the August 2018 implementation of the new Investment Code, which was modified one year later, companies operating in agro-industry – one of the main pillars of the industrial sector – have invested hundreds of millions of dollars in...
Côte d’Ivoire is an economic powerhouse in West Africa, posting average growth of 8% between 2011 and 2018. However, the rate of GDP growth in real terms fell to 6.7% in 2019 and is expected to contract to 2.7% in 2020 due to the Covid-19 pandemic and subsequent widespread shutdowns. Looking to the future, the IMF expects growth to rebound to 8.7% in 2021, highlighting the country’s economic resilience.
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