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Overview

Creating demand: Activity increases in line with a shift to the formal sector
OBG
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Outside of Abidjan and the major population centres, goods are sold almost exclusively by small operators in the informal sector, often in open-air markets. In the country as a whole, the informal sector dominates retail, accounting for an estimated 70-90% of all sales. Supermarkets and high-street stores are more prevalent in Abidjan, with the Lebanese community historically playing a central…

Overview

Future oriented: Sector seeks growth in the transition to downstream manufacturing
OBG
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Once the industrial engine of post-colonial West Africa, Côte d’Ivoire still retains a commercial and manufacturing fabric that is enviable by regional standards, although its lead over its neighbours has all but disappeared recently. As with other areas of the economy, industry has suffered from the years of political turmoil and economic stagnation from 1999 to 2011. Recovery has been rapid…
Interview

OBG talks to Kadi Fadika-Coulibaly, Managing Director, Hudson & Cie
OBG
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Interview: Kadi Fadika-Coulibaly What have been the major trends in stock growth performances in 2013? KADI FADIKA-COULIBALY: One of the interesting picks in 2013, construction firm Société d'Etudes et de Travaux pour l'Afrique de l'Ouest, might seem odd to investors, as its stock has experienced very little activity in the past 10 years. However, since 2012 there has been significant infrastructure…
Interview

OBG talks to Edoh Kossi Amenounve, CEO, Bourse Régional des Valeurs Mobilières (BRVM)
OBG
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Interview: Edoh Kossi Amenounve To what extent has the BRVM been affected by instability in Côte d’Ivoire and in global markets? EDOH KOSSI AMENOUNVE: Since we began in 1998, we have seen steady growth, with 40 companies currently listed. In spite of the international financial slowdown and Côte d’Ivoire’s political crisis, the BRVM has seen a strong recovery over the past two years. Turnover…
Interview

OBG talks to Marie Gabrielle Boka-Varlet, Managing Director, Chamber of Commerce and Industry of Côte d’Ivoire (CCI-CI)
OBG
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Interview: Marie Gabrielle Boka-Varlet What are the principal challenges faced by companies in getting their goods to clear Customs? MARIE GABRIELLE BOKA-VARLET: One significant challenge is related to the Customs value of imported merchandise as determined by BIVAC, a subsidiary of Bureau Veritas. Operators do not always understand changes in Customs value and sometimes opt to contend these. There…
Chapter

The Report: Cote d'Ivoire 2013: The Guide
OBG
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Abidjan and its surrounding areas present visitors and locals with a host of activities for their enjoyment, leaving no excuse for those on business trips from abroad to remain in their hotel rooms. Although the crisis-ridden decade that came to an end in 2011 certainly hampered Abidjan’s vibrant nightlife, the security situation has been largely stabilised since President Alassane Dramane Ouattara…
Chapter

The Report: Cote d'Ivoire 2013: Legal Framework
OBG
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I. GENERAL LEGAL ENVIRONMENT: undefined A. Sources of Law: Côte d’Ivoire has a civil law system where laws are compiled in codes and establish what is legal and what is illegal. The higher law is the version of the Constitution adopted by referendum on July 23, 2000. The Constitution includes laws that are adopted by the National Assembly, ordinances and decrees issued by the President, and, at…
Chapter

The Report: Cote d'Ivoire 2013: Media & Advertising
OBG
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Although sporadic conflict over the past 15 years has complicated development efforts in Côte d’Ivoire’s media sector, more recently new opportunities for growth in each form of media have emerged. The print media faces serious financial constraints, yet the return to relative stability is set to enable vendors to sell publications to areas previously isolated by fighting, while the expected liberalisation…
Chapter

The Report: Cote d'Ivoire 2013: Health & Education
OBG
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In the 1980s Côte d’Ivoire’s health care system was a model for the region, but population growth, waning state revenues and conflict eroded the capacity of public institutions, leading to material and facility shortages and declining health for citizens. Major killers today are largely preventive diseases, such as malaria and HIV/AIDS, demanding the establishment of national programmes to coordinate…
Chapter

The Report: Cote d'Ivoire 2013: Tourism
OBG
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Following a period of minimal activity due to political unrest, Côte d’Ivoire’s tourism sector is now showing signs of recovery. According to the World Travel & Tourism Council (WTTC), in 2012, the travel and tourism industry directly contributed CFA285.4bn (€428.1m), or 2.4% to GDP, with the figure set to rise by 3.6% to CFA295.6bn (€443.4m) in 2013. By 2014, growth in direct and total…