Oxford Business Group has now launched The Report: Côte d'Ivoire 2022. This Market Profile video highlights Côte d'Ivoire’s transition to one of the most dynamic economies in the ECOWAS. Thanks to its stable political environment, recent regulatory and financial reforms, and ongoing infrastructure development, the country is attracting domestic and global interest in sectors such as banking, telecommunications, energy, real estate and mining. The Investment Promotion Agency of Côte d’Ivoire acts as an interface between the public and private sectors to promote investment in line with the country’s national development framework to grow the economy, and create value and employment.
Macroeconomic forces such as inflation, geopolitical tension punctuated by Russia’s invasion of Ukraine and spikes in commodity prices heightened supply chain disruptions in 2022, which included capacity constraints, higher freight costs, labour shortages and port slowdowns.
Although economies in Africa faced uncertainty in 2022 as economic and global shocks weighed on post-Covid-19 pandemic recovery, intraregional trade and climate finance initiatives are helping to chart a course towards more sustainable development.
Key reforms are lowering barriers to foreign direct investment (FDI) and improving the ease of doing business in Côte d’Ivoire as the country looks to rebound from the Covid-19 pandemic.
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