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Economic News

Public Finances: 2023 Budget Surplus of 38.6 billion CFA Francs

At the end of the Council of Ministers' meeting on October 16, 2024, in Abidjan, government spokesperson Amadou Coulibaly announced that Côte d'Ivoire's 2023 budget year closed with a surplus of 38.6 billion CFA francs.

Published on Oct 17, 2024

Paved Roads: The Current Network of 8,100 Km Will Be Expanded to 9,500 Km by the End of 2025

The current paved road network in Côte d'Ivoire, which stands at 8,100 km, will be extended to over 9,500 km by the end of 2025 with the completion of several road surfacing projects across the country. This announcement was made by Dr. Amédé Koffi Kouakou, Minister of Equipment...

Published on Oct 17, 2024

Japan boosts African Development Fund with JPY 51.67 billion concessional loan

The African Development Bank Group and the Japan International Cooperation Agency (JICA) have signed a landmark 51.67 billion Japanese yen (US$421 million) concessional donor loan (CDL) agreement towards the African Development Fund.

Published on Oct 17, 2024

Côte d'Ivoire Solidifies Its Status as West Africa's Economic Hub with the Arrival of JP Morgan

Côte d'Ivoire is set to further strengthen its position as a leading economic hub in West Africa with the upcoming arrival of JP Morgan, one of the largest banks in the world. JP Morgan plans to establish a presence in the country by the end of 2...

Published on Oct 16, 2024

Cooperation: Two Key Agreements Signed Between Ivorian and Guinean Governments in the Digital Sector

Abidjan, October 13, 2024 - On Friday, October 11, 2024, in Conakry, two important agreements were signed by the Ivorian Minister of Digital Transition and Digitalization, Kalil Konaté, and his Guinean counterpart, Rose Pola Pricemou. One agreem...

Published on Oct 13, 2024

Cooperation Between Côte d’Ivoire and AFD: Two Agreements Signed to Support Entrepreneurship and Market Construction

The Ivorian government and the French Development Agency (AFD) signed two agreements on Friday, October 11, 2024, in Abidjan to support Côte d'Ivoire in developing public mechanisms for entrepreneurship and constructing markets in the communes of...

Published on Oct 12, 2024

Côte d'Ivoire - World Bank Cooperation

This Thursday, on the sidelines of the Economic Development Assembly for Africa, which aims to support the 21st replenishment of resources for the International Development Association (IDA-21), the President of the Republic, Alassane Ouattara, met with the President o...

Published on Oct 11, 2024

Energy Governance: Ministry of Energy Launches Mandatory Energy Audits

Abidjan, October 10, 2024 – On behalf of the Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, Deputy Chief of Staff Souleymane Soro officially launched mandatory energy audits today in Abidjan. This initiative is in line with Decree No. 2016-862, dated November 3, 2016, w...

Published on Oct 10, 2024

Development of Agriculture: Minister Kobenan Kouassi Adjoumani Reaffirms Government's Commitment to Establishing a Strong Seed Sector

The Minister of State, Minister of Agriculture, Rural Development, and Food Production, Kobenan Kouassi Adjoumani, has reiterated the Ivorian government's commitment to building a solid seed sector capable of supporting the country's agricultural devel...

Published on Oct 10, 2024

Assembled for Africa’s Economic Development: Minister Nialé Kaba Reaffirms Côte d’Ivoire's Commitment to IDA-21 Success

Abidjan, October 9, 2024 – Minister of Economy, Planning, and Development, Nialé Kaba, reaffirmed the Ivorian government’s commitment to the success of the 21st replenishment campaign of the International Development Association (IDA...

Published on Oct 10, 2024

21st Edition of the IDA: Minister Nialé Kaba Outlines the Stakes of the Event

Invited to the national television channel (RTI1) on October 7, 2024, the Minister of Economy, Planning, and Development, Nialé Kaba, presented the stakes of the 21st replenishment of resources of the International Development Association (IDA-21), scheduled for December 2024 in Abidjan.

According to Nialé Kaba, the stakes...

Published on Oct 08, 2024

5th Annual Oil and Gas Conference and Expo: Minister Mamadou Sangafowa-Coulibaly Forges Productive Connections in Angola

From October 1-2, 2024, Côte d'Ivoire’s Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, participated in the 5th Annual Oil and Gas Conference and Expo in Angola, invited by Angola’s Minister of Mineral Resources...

Published on Oct 07, 2024