In March 2016 an attack at the beach resort of Grand-Bassam killed 19 people, of which the majority were civilians. The Jihadist group Al-Qaeda in the Islamic Maghreb (AQIM) claimed responsibility. Following the incident, the government disbursed a CFA300m (€450,000) support package to the town of Grand-Bassam, with CFA200m (€300,000) going...
As part of its vision to welcome 5m visitors in 2020, up from 1.5m in 2016, Côte d’Ivoire is actively seeking to increase hotel capacity, and especially the amount of higher-quality and properly licensed accommodation. According to government data, as of January 2017 only 12.28% of hotels operating in the country held an official hotel licence...
Côte d’Ivoire is actively seeking investors, both public and private, from home and abroad, as part of a broader aim to transform the tourism sector into one of the top three income-generating industries in the country. Creating investment opportunities is one of the four principle elements of Côte d’Ivoire’s tourism development strategy (see...
Inbound travel has increased considerably since 2011, and Côte d’Ivoire boasts strong potential in terms of natural beauty and a culture of hospitality. The government has also chosen tourism as one of its priority sectors, with the Ministry of Tourism implementing a strategy to make it one of the top-three contributors to GDP by 2020. A stark rise in business tourism has been a significant...
Côte d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011, registering an average GDP growth rate of 9.3% in the five years to 2016. By far the biggest economy in the UEMOA and the third largest in ECOWAS, the IMF expects GDP expansion in the West African nation to be sustained, forecasting growth of above 7% through to 2019.
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