BOAD Approves CFA50 Billion Financing for Air Côte d'Ivoire's Fleet Expansion

The West African Development Bank (BOAD) has approved a CFA50 billion ($86 million) financing package for Air Côte d'Ivoire to support the acquisition of four Airbus A319 aircraft, strengthening the national carrier's regional network and supporting its expansion strategy across West and Central Africa.

The approval was granted dur...

Côte d’Ivoire Becomes the Main Driver of SMB’s Bitumen Business in 2025 Despite Production Challenges

The Ivorian market remained the primary growth engine for the Société Multinationale de Bitumes (SMB) in 2025. Despite a decline in production and lower exports, Côte d’Ivoire accounted for 54% of the company’s total bitumen sales, a significantly larger share than in the previous...

Côte d’Ivoire Achieves IMF Program Completion, Becomes Sub-Saharan Africa’s Only Low Debt-Risk Economy

Côte d’Ivoire has reached a major milestone in strengthening its international financial credibility with the successful completion of its economic and financial program with the International Monetary Fund (IMF). Following the sixth and final program review, the country met all agreed targets, confirming the strength of its macroeco...

Islamic Development Bank approves $235 million financing for Côte d’Ivoire regional transport corridor

The Islamic Development Bank (IsDB) has approved a $235 million financing package (approximately 135 billion CFA francs) to support the construction of a strategic section of a regional transport corridor linking Abidjan to Burkina Faso and Mali, authorities and project sources said.

The project forms part of a key West African trade rou...

Côte d’Ivoire accelerates value-added growth as cashew processing reaches record levels

Côte d’Ivoire is making significant progress in its drive to transform its agricultural sector, with the cashew industry emerging as one of the country’s most notable industrial success stories.

The world's largest producer of raw cashew nuts generated more than 1 trillion CFA francs in export revenues in 2025 while inc...

Murphy Oil discovery strengthens Côte d’Ivoire’s emergence as a major offshore energy frontier

Côte d’Ivoire’s ambitions to become a leading energy hub in West Africa received a fresh boost after U.S.-based Murphy Oil announced a new offshore hydrocarbon discovery, further reinforcing confidence in the country’s rapidly expanding petroleum basin.

The discovery adds to a growing series of successful explorat...

Côte d’Ivoire strengthens financial credibility as debt outlook improves

Côte d’Ivoire is reinforcing its position as one of West Africa’s most resilient economies after recent assessments highlighted continued progress in public finance management, debt sustainability and economic reform.

The development comes just days after the International Monetary Fund (IMF) approved the latest reviews...

Côte d’Ivoire secures IMF endorsement as economic reforms gain international recognition

The International Monetary Fund (IMF) has approved the latest reviews of Côte d’Ivoire’s economic reform programme, paving the way for a disbursement of approximately $832.8 million and reinforcing investor confidence in one of West Africa’s fastest-growing economies.

The decision follows the successful completion...

African agriculture: Bruno Nabagné Koné calls for stronger agricultural sovereignty

The Minister of Agriculture, Rural Development and Food Production, Bruno Nabagné Koné, has called for stronger agricultural sovereignty in Africa during the opening of the 12th Regional Workshop dedicated to the implementation of projects by the International Fund for Agricultural Development (IFAD) in West and Central Africa (WCA...

Côte d’Ivoire announces new offshore oil discovery on CI-709 block

The Ministry of Mines, Petroleum and Energy announced in a statement dated June 22, 2026, a new hydrocarbon discovery made by Murphy Côte d’Ivoire in partnership with PETROCI Holding on the CI-709 offshore block.

This development follows the drilling of the Bubale-1X well, which began in late February 2026. The well reached a...

Côte d’Ivoire – Netherlands: strengthening a strategic partnership for sustainable agriculture and development

“Our ambition is to support Côte d’Ivoire towards more productive agriculture,” says H.E.M. Jeroen Kelderhuis, Ambassador of the Kingdom of the Netherlands in Côte d’Ivoire, in an interview he granted us. During our discussions, he highlighted the priorities of Dutch cooperation: technological innovation, capa...

Finance: MCB, a major Mauritian bank, considers expansion into Côte d’Ivoire

The Mauritius Commercial Bank (MCB), the oldest and largest banking group in Mauritius, is planning to establish a presence in Côte d’Ivoire. A delegation from Mauritius, led by the Honorary Consul of Mauritius in Côte d’Ivoire, Frédérique Lam, was received on June 18 in Abidjan by the Minister of State for...