What is being done to maintain the country’s status as a West African maritime hub?
Côte d’Ivoire is moving to consolidate its position as a major logistics cenxtre in West Africa by constructing new ports and upgrading its existing ones.
Since the return of political stability to Côte d’Ivoire in 2011, the country has gone through extensive public infrastructure works with a notable focus on transportation. In fact, the transport sector accounted for 9% of Côte d’Ivoire’s GDP in 2018, according to the Ministry of Transport.
Côte d’Ivoire has returned to economic growth after stabilising its political situation in 2011. The economy has grown at a rate of 9% per year since 2011, in part due to the emergence of its burgeoning industrial sector. As one of the fastest-growing African economies, with an annual GDP growth rate forecast at 7-7.5% in 2019, Côte d’Ivoire is now promoting sustainable and inclusive growth.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×