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Economic News

Advertising Sector Contributes 1% to Côte d’Ivoire’s GDP, Regulator Seeks Greater Growth

Côte d’Ivoire's advertising industry contributes approximately 1% of the country's Gross Domestic Product (GDP), highlighting the sector's growing role in the national economy, a senior official said on Tuesday.

Speaking during the government's weekly "Tout Savoir Sur" (TSS) information forum organized by the Government Infor...

Published on Jun 03, 2026

Financial Markets: Côte d’Ivoire Optimizes Its Debt Profile Through the Buyback of Its 2032 Eurobond

By repaying in advance the last remaining tranche of its 2032 Eurobond, Abidjan is pursuing a discreet yet strategic objective: improving the quality of its debt portfolio while strengthening its credibility among international investors.

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Published on Jun 03, 2026

ECOWAS Seeks Funding to Achieve Rice Self-Sufficiency in West Africa by 2035

West African leaders, development partners and financial institutions gathered in Ghana on Tuesday for a regional investment roundtable aimed at mobilizing resources to help the region achieve rice self-sufficiency by 2035.

The two-day event, held in Accra under the theme "Mobilizing Resources to Achieve Rice Self-Sufficiency in West Afr...

Published on Jun 03, 2026

PND 2026–2030: Côte d’Ivoire bets on private investment to finance its economic transformation

The Minister of Planning and Development, Dr. Souleymane Diarrassouba, presented this Tuesday in Abidjan the National Development Plan (PND) 2026–2030 to ambassadors, multilateral institutions, and technical and financial partners accredited in the country. Developed under the authority of the President of the Republic, H.E. Alassane Ouatt...

Published on Jun 02, 2026

𝐔𝐫𝐛𝐚𝐧 𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 : 𝐒𝐎𝐓𝐑𝐀 𝐢𝐦𝐩𝐫𝐨𝐯𝐞𝐬 𝐭𝐫𝐚𝐯𝐞𝐥 𝐢𝐧 𝐁𝐨𝐮𝐚𝐤𝐞

́The deployment of buses by the Abidjan Transport Company (SOTRA) is helping improve urban mobility in several cities across Côte d’Ivoire.

Published on Jun 02, 2026

Botswana: Akinwumi Adesina appointed to chair developing diamond investment fund

Former President of the African Development Bank (AfDB), Akinwumi Adesina, has been appointed Chairman of the Board of Directors of the Diamonds for Development Fund, according to announcements made on Friday, May 29, 2026, by the Government of Botswan...

Published on Jun 02, 2026

In Kigali, Wave Mobile Money positions African youth as a driver of innovation and financial inclusion

Organized during the week of the Basketball Africa League (BAL) Finals, the event brought together leaders from sports, finance, public policy, technology, and investment to explore how inclusive digital infrastructure can support the next generation o...

Published on Jun 02, 2026

Food Crop Production: Minister Bernard Kini Comoé Deploys Major Support Package for Producers in the Bagoué Region

The Minister Delegate to the Minister of Agriculture, Rural Development and Food Crop Production, in charge of Food Crop Production, Bernard Kini ComoéPublished on Jun 02, 2026

Côte d’Ivoire signs €423 billion deal for 372 MW Songon power plant to boost national energy supply

Representing the Minister of Mines, Petroleum and Energy, Mamadou Sangafowa-Coulibaly, the Director General of Energy, Éhouman Kalifa Narcisse, presided on Monday, June 1, 2026, in Abidjan-Plateau, over the signing of financial agreements for the construction of a 372 MW combined-cycle power plant project in Songon, with a total investmen...

Published on Jun 01, 2026

Côte d’Ivoire: trade surplus exceeds 2.4 trillion CFA francs in Q1 2026

Côte d’Ivoire recorded a strong improvement in its external trade position in the first quarter of 2026, with its trade surplus surpassing 2.4 trillion CFA francs, driven by robust export performance, particularly in cocoa and gold, according to financial sector data.

The expansion reflects a solid start to the year for West...

Published on Jun 01, 2026

Côte d’Ivoire and Senegal Among Africa’s Most Industrialized Economies, Says 2025 Report

Côte d’Ivoire and Senegal rank among Africa’s 10 most industrialized countries, according to a 2025 report attributed to the African Development Bank (AfDB) and cited by economic media outlets.

The report highlights the growing industrial capacity of both West African nations, positioning them as emerging manufacturing...

Published on Jun 01, 2026

AfDB Annual Meetings End in Brazzaville with Strong Commitment to Africa’s Transformation

The 61st African Development Bank Group (AfDB) Annual Meetings concluded in Brazzaville on 29 May, carrying a strong message of optimism, partnership, and transformation for the African continent.

Published on May 30, 2026