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Economic News

Energy: Crude Oil and Natural Gas Production Estimated at 16.1 Million Barrels and 2.4 Billion m³ as of December 31, 2024

From January 1 to December 31, 2024, crude oil and natural gas production are estimated at 16.1 million barrels and 2.4 billion m³, respectively. These correspond to production rates of 44,000 barrels per day of crude oil and 6.6 million m³ p...

Published on Oct 02, 2025

Agriculture: Government Ratifies Agreement Establishing the Inter-African Coffee Organization (IACO)

The Council has adopted a decree ratifying the Agreement establishing the Inter-African Coffee Organization (IACO), adopted on November 20, 2020, government spokesperson Amadou Coulibaly announced at the conclusion of the Council of Ministers on Octobe...

Published on Oct 02, 2025

Uber Exits Côte d’Ivoire After Six Years of Operations

Uber has officially ended its operations in Côte d’Ivoire as of Thursday, September 25, 2025. The American ride-hailing service informed its users of the withdrawal and expressed “regrets” for any inconvenience caused, without s...

Published on Oct 02, 2025

Oil Exploration: The Ivorian State and the ENI/PETROCI Holding Consortium Sign a Production Sharing Contract on Block CI-707

On Tuesday, September 30, 2025, in Abidjan-Plateau, the Government of Côte d’Ivoire and the ENI/PETROCI Holding consortium signed a production sharing contract for Block CI-707, covering oil exploration investments estimated at about 34 bil...

Published on Oct 01, 2025

Digital Sovereignty: Ivorian Government Secures $100 Million Financing in the United States

The Ivorian government has secured a $100 million US financing guarantee (over 56 billion CFA francs) from senior officials of the Export-Import Bank of the United States (EXIM). The announcement was made during a press conference held on Monday, Septe...

Published on Sep 30, 2025

Opening of CGECI Academy 2025: “Economic sovereignty is everyone’s business,” says Prime Minister Robert Beugré Mambé

Presiding over the official opening ceremony of the 13th edition of the Economic Forum of the General Confederation of Enterprises of Côte d’Ivoire (CGECI Academy 2025), held under the theme “Ec...

Published on Sep 29, 2025

Success Against Illegal Gold Mining in Agnéby-Tiassa: Minister Mamadou Sangafowa-Coulibaly Highlights Community-Based Solutions

For the Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, the fight against illegal gold mining in Côte d’Ivoire begins with the involvement of local communities.

Published on Sep 27, 2025

Côte d’Ivoire: Senegalese Papa Amadou Sarr Takes the Helm at Porteo, Specialized in Construction and Infrastructure

Senegalese former minister, Papa Amadou Sarr, has been appointed as the Chief Executive Officer of Porteo, a leading construction and infrastructure group.

Published on Sep 26, 2025

Côte d’Ivoire/Coffee-Cocoa: BNI Allocates 284 Billion CFA Francs to Finance Industry Stakeholders for the 2025-2026 Season

Côte d’Ivoire/Coffee-Cocoa: BNI Allocates 284 Billion CFA Francs to Finance Industry Stakeholders for the 2025-2026 SeasonThe National Investment...

Published on Sep 26, 2025

Côte d’Ivoire: De Heus Plans to Strengthen Its Presence in Animal Nutrition

In Côte d’Ivoire, poultry meat consumption is experiencing one of the fastest growth rates in the meat sector. While the government supports the development of the local industry, opportunities are also emerging in related sectors. Published on Sep 25, 2025

Enegex Targets Projects in Côte d’Ivoire as Part of African Expansion

In a bullish gold market—where prices have already risen by more than 40% in 2025—new investments are emerging in Côte d’Ivoire. Desert Gold and Santa Fe recently entered the country with the Tiegba and Eburnea projects respecti...

Published on Sep 24, 2025

Côte d’Ivoire Launches $27 Million Cashew Processing Plant in Kpouèbo

Côte d’Ivoire, the world’s largest cashew producer and the third-largest processor after Vietnam and India, continues to expand its industrial capacity with new investment projects.

Published on Sep 24, 2025