Loading...

Economic News

Côte d'Ivoire Positions Itself as a Regional Investment Hub Through Industrial and Agricultural Transformation

Investing in Côte d'Ivoire means investing in a stable and competitive regional hub, Minister of Commerce, Industry and Crafts Ibrahim Kalil Konaté told investors, highlighting the strengths of the Ivorian economic ecosystem.

He made the remarks during a panel discussion on the theme "Increasing Agricultural Productivity, De...

Published on Jul 10, 2026

Team Europe Commits €8.2 Billion to Support Côte d'Ivoire's 2026–2030 Development Plan

The Team Europe will mobilize €8.2 billion (approximately CFA 5.38 trillion) to support the implementation of Côte d'Ivoire's 2026–2030 National Development Plan (NDP), European Union Ambassador to Côte d'Ivoire Irchad Ramiandrasoa Razaaly announced on Thursday during the Consultative Group meeting dedicated to financing t...

Published on Jul 10, 2026

National Development Plan (PND) 2026-2030 2026-2030: Côte d’Ivoire Secures $80 Billion in Commitments at the Launch of the Consultative Group

Côte d’Ivoire has reached a major milestone in the financing of its National Development Plan (PND) 2026-2030. At the opening...

Published on Jul 09, 2026

Côte d’Ivoire: Majoris Financial Group secures license to launch Sirius Bank

Côte d’Ivoire’s banking sector is set to welcome a new player. According to exclusive information from Sika Finance, Majoris Financial Group, a financial holding company led by Ivorian investment banker Niamkey Tanoé, has obtai...

Published on Jul 09, 2026

BOAD approves $570 million in new financing to support economic growth across West Africa

The West African Development Bank (BOAD) has approved 11 new financing operations worth a total of 344 billion CFA francs (around $570 million), as the regional lender expands support for economic development projects across the West African Economic and Monetary Union (WAEMU).

The approvals were made during the bank’s 150th Board...

Published on Jul 09, 2026

Côte d'Ivoire takes a new step toward unlocking its natural gas potential with Gas Master Plan initiative

Côte d'Ivoire has reached a new milestone in its strategy to develop its significant natural gas discoveries by signing a memorandum of understanding with the World Bank and energy group Eni to prepare a Gas Master Plan.

The agreement, signed on Wednesday in Abidjan by the Ministry of Mines, Petroleum and Energy, formalizes the com...

Published on Jul 09, 2026

Côte d'Ivoire secures nearly $80 billion in financing commitments for its 2026–2030 National Development Plan

Côte d'Ivoire has secured financing commitments totaling 47.82 trillion CFA francs (about $80 billion) for its 2026–2030 National Development Plan (PND), far exceeding its initial target and underscoring growing international confidence in the country's economic outlook.

The commitments, announced at the conclusion of the two...

Published on Jul 09, 2026

BRVM continues upward trend as key stocks drive market gains

The Regional Stock Exchange (BRVM) extended its positive momentum on Tuesday, closing the trading session in positive territory.

The benchmark BRVM Composite index rose by 0.80% to 463.89 points. The BRVM-30 index increased by 0.49% to 217.73 points, while the BRVM Prestige index gained 0.47% to reach 176.56 points.

Despite a mar...

Published on Jul 08, 2026

BIDC approves CFA 10 billion credit line to support Côte d’Ivoire’s private sector

The ECOWAS Bank for Investment and Development (BIDC) has approved a CFA 10 billion credit line to support private sector development in Côte d’Ivoire, as part of its efforts to strengthen economic activity and finance productive investments across West Africa.

The financing facility was granted to the Banque Sahélo-Sa...

Published on Jul 08, 2026

BIDC approves CFA 12.82 billion financing to renovate Abidjan’s Symphonie Building

The ECOWAS Bank for Investment and Development (BIDC) has approved CFA 12.82 billion in financing to support the renovation, modernization, operation and maintenance of the Symphonie Building in Abidjan, a strategic public asset that is expected to become the future headquarters of Côte d’Ivoire’s Ministry of Justice.

T...

Published on Jul 08, 2026

Côte d'Ivoire is placing agriculture at the heart of its economic development strategy

Côte d'Ivoire is positioning agriculture as a key driver of its economic development strategy over the next five years, with the government aiming to boost local processing, strengthen food security and modernize the sector under its 2026–2030 National Development Plan (PND).

Speaking on Wednesday during the Consultative Grou...

Published on Jul 08, 2026

BRVM Posts Historic First-Half Performance

The equity market has reached a historic milestone, recording a +30% performance in the first half of the year. Among the 47 listed companies, 7 stocks achieved gains of more than +100%, while 19 shares increased by over +50%. At the same time, investors received nearly FCFA 1,000...

Published on Jul 07, 2026