Kassoum Traoré appointed Acting Director General of the Port of Abidjan

Following an extraordinary session of the Board of Directors of the Autonomous Port of Abidjan (PAA) held on Monday, May 4, 2026, Mr. Kassoum TRAORÉ has been appointed Acting Director General of the institution.

Following this decision, a Management Committee meeting was convened during which Mr. Hilaire LAMIZANA, Chairman of the...

two ultra-modern tugboats to strengthen the operational capacities of ivorian ports

The Ivorian Towing and Salvage Company (IRES), a subsidiary of Boluda Towage, a global leader in port towing services, has taken a new step in strengthening the operational capacity of the Port of Abidjan with the acquisition of two next-generation tugboats. This initiative forms part of an ongoing effort to modernize maritime infrastructure in...

IMF clears path for $844 million financing to support Côte d’Ivoire’s economic stability

The International Monetary Fund has reached a staff-level agreement with Côte d’Ivoire that could unlock nearly $844 million in new financing, after concluding that the country has successfully met key economic targets under its ongoing reform programmes.

The funds, equivalent to about 472 billion CFA francs, are intended to...

Côte d’Ivoire secures $225 million World Bank funding to strengthen health system, nutrition and early childhood care

The World Bank has approved a $225 million financing package to strengthen health services, nutrition, and early childhood development in Côte d’Ivoire, in a move aimed at improving care quality, reducing inequalities, and modernizing the country’s health system by 2028.

The funding is expected to support wide-ranging r...

Côte d’Ivoire’s Sovereign Risk Score Upgraded, Confirming Strong Economic Outlook

At the 10th Country Risk Conference held in Abidjan on April 30, 2026, the Minister of Planning and Development, Souleymane Diarrassouba, welcomed the upgrade of Côte d’Ivoire’s sovereign risk score from 6.3 to 6.5 by Bloomfield Intelligence. This improvement confirms the country’s low-risk profile and strengthens its cre...

Zenith Bank Opens Headquarters in Abidjan, Strengthening Côte d’Ivoire–Nigeria Economic Integration

The Minister of Planning and Development, Souleymane Diarrassouba, presided over the inauguration ceremony of the headquarters of Zenith Bank Côte d’Ivoire, a subsidiary of Nigeria’s Zenith Bank, on Wednesday, April 29, 2026, in Abidjan. This new establishment strengthens economic integration between Côte d’Ivoire a...

IMF Reaches Staff-Level Agreement with Côte d’Ivoire After Strong Program Performance

An International Monetary Fund (IMF) team, led by Geneviève Verdier, met with Ivorian authorities from April 22 to 30 to assess progress under programs supported by the Extended Credit Facility (ECF), the Extended Fund Facility (EFF), and the Resilience and Sustainability Facility (RSF), according to a statement from International Monetar...

Beijing extends zero-tariff access to most African exports in major trade shift

China has expanded tariff-free access to its market for exports from the vast majority of African countries, in a significant move aimed at strengthening economic ties with the continent, according to official announcements and state media reports.

Under the new policy, imports from 53 African countries with diplomatic relations with Chi...

Côte d’Ivoire cuts air transport fees by 25% on regional flights to boost connectivity

Côte d’Ivoire has approved a 25% reduction in passenger and aviation security fees for flights within the West African regional bloc, as part of a broader reform aimed at improving the competitiveness of its air transport sector, the government said.

The decision was taken through three decrees adopted during a Council of Min...

Côte d’Ivoire plans 39 billion CFA franc recapitalization for 11 state-owned companies amid structural imbalances

d’Ivoire is set to inject approximately 39.07 billion CFA francs ($64 million) to recapitalize 11 state-owned enterprises showing weakened financial positions, the government said following a cabinet meeting in Abidjan.

The decision comes despite generally strong overall performance in the public enterprise sector, which continues...

Côte d’Ivoire’s credit outlook improves as Bloomfield Intelligence raises country risk score for 2026

Credit rating agency Bloomfield Intelligence has released its annual country risk report for Côte d’Ivoire, highlighting an overall improvement in the nation’s credit profile for 2026, driven by stronger macroeconomic resilience and improving public finance management.

The report, published Thursday in Abidjan, raises C...

Côte d’Ivoire Public Enterprises Post Modest Revenue Growth, Face Recapitalization Needs

Public enterprises in Côte d’Ivoire recorded a provisional cumulative turnover of 4,728.3 billion CFA francs at the end of December 2025, marking a 1.2% increase compared to the 2024 fiscal year, government spokesperson and Minister of Communication Amadou Coulibaly announced.

The statement was made following the Council of M...