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Economic News

CRBC-led consortium to invest 120 billion CFA francs in major tourism hub near Abidjan

A consortium led by Chinese construction giant CRBC is set to invest more than 120 billion CFA francs ($200 million) in the development of a major tourism and leisure hub in Songon, on the outskirts of Abidjan, as Côte d’Ivoire seeks to strengthen its tourism industry and diversify its economy.

The project, known as the Orien...

Published on Jun 16, 2026

Côte d’Ivoire hosts the 11th Annual Review of UEMOA reforms in Abidjan

The 11th Annual Review of reforms, policies, programmes, and community projects of the West African Economic and Monetary Union (West African Economic and Monetary Union (UEMOA)) was held on Friday, June 12 in Abidjan, under the chairmanship of the Minister of Planning and Development, Dr. Souleymane Diarrassouba, representing the Minister of Ec...

Published on Jun 16, 2026

Côte d’Ivoire is stepping up efforts to modernize food crop agriculture and strengthen food security

The Ivorian government aims to make food crop farming a driver of economic growth and a cornerstone of food sovereignty. In line with this objective, Bernard Kini Comoé, Minister Delegate in charge of Food Crop Production, provided substantial support to producers in Daloa and Yamoussoukro on June 12 and 13, 2026. The support package incl...

Published on Jun 16, 2026

Côte d’Ivoire outlines ambitious economic roadmap for 2027–2029

Côte d’Ivoire’s Minister of Economy, Finance and Budget, Adama Coulibaly, on Friday presented the 2027–2029 Multiannual Budgetary and Economic Programming Document (DPBEP) to members of the National Assembly’s Economic and Financial Affairs Committee (CAEF), outlining the government’s medium-term economic, bud...

Published on Jun 15, 2026

Côte d’Ivoire: BCP Group subsidiaries contribute to financing the future Songon Energies thermal power plant

Atlantique Finance (AFIN) and Banque Atlantique Côte d’Ivoire (BACI), subsidiaries of the pan-African Banque Centrale Populaire (BCP) Group, have signed the Common Terms Agreement (CTA) for the Songon Energies project( Songo is a col...

Published on Jun 15, 2026

SIR secures a 254 billion FCFA loan structured by BOAD to produce low-sulfur diesel

On the sidelines of the 2nd edition of the BOAD Development Days, the Société Ivoirienne de Raffinage (SIR), the Ivorian oil refinery company)  Published on Jun 15, 2026

Songon Oriental Park: Siandou Fofana Launches a 120 Billion FCFA Project Expected to Create 3,000 Jobs for Youth

As part of the implementation of Côte d’Ivoire’s national tourism development strategy “Sublime Côte d’Ivoire,” the Minister of Tourism and Leisure, Siandou Fofana, representing Prime Minister Robert Beugr&eacu...

Published on Jun 15, 2026

African Visa Openness Index 2025: Rwanda and The Gambia Lead, Côte d’Ivoire Ranks 22nd

According to the African Visa Openness Index 2025 published by the African Development Bank, Rwanda and The Gambia top the ranking, followed by Kenya, Benin, and Ghana.

Côte d’Ivoire ranks 22nd out of 54 African countries, with a score of...

Published on Jun 15, 2026

Signing of a framework agreement between bni, cca and cashew processors

On Thursday, June 11, 2026, the National Investment Bank of Côte d’Ivoire (BNI), led by its Managing Director, Mr. Youssouf Fadiga, officially signed a framework agreement with the Cotton and Cashew Council (CCA), headed by Mr. Mamadou Berté, alongside key stakeholders in the cash...

Published on Jun 15, 2026

UBAE Bank Signals Interest in Côte d’Ivoire’s Investment Opportunities

Côte d’Ivoire’s Minister of Planning and Development, Dr. Souleymane Diarrassouba, met on Wednesday, June 10, 2026, in Abidjan with a delegation from UBAE Bank led by its Chairman, Othoman Mohamed Alnousri, to discuss financial cooperation prospects and investment opportunities linked to the country’s 2026–2030 Nati...

Published on Jun 12, 2026

Côte d’Ivoire Plans 14 Special Economic Zones to Boost Industrialization and Job Creation

As part of efforts to accelerate the local processing of raw materials, create added value, and generate jobs, 14 Special Economic Zones (SEZs) will be developed across the country’s districts, while industrial zones aimed at harnessing agricultural potential will be established in all 31 regions, Minister of Trade, Industry and Handicraft...

Published on Jun 12, 2026

Yango in Abidjan Aims to Accelerate Urban Digital Services Development

As African cities continue to expand, urban digital services are becoming a major economic driver. Mobility, delivery, mapping, logistics, and artificial intelligence now play a central role in shaping the competitiveness of the continent’s major...

Published on Jun 11, 2026