Russia’s invasion of Ukraine in early 2022 has caused disruptions across the global economy, from food to energy, and prompted an increase in the number and sophistication of cyberattacks – exacerbating similar impacts from the Covid-19 pandemic. According to a poll of 800 chief audit executives conducted by the UK-based Chartered Institute of Internal Auditors, 77% of respondents thought the…
Amid efforts to reduce the carbon footprint associated with the construction industry, there is increasing recognition of the benefits of sustainable and regenerative architecture as a means of lowering emissions. According to the “2019 Global Status Report for Buildings and Construction” published by the UN Environment Programme (UNEP), the sector is one of the world’s biggest polluters and…
Green bonds are becoming an increasingly popular form of financing worldwide as companies strive to improve their environmental, social and governance practices. Green bonds, or climate bonds, refer to a fixed-income instrument provided for climate-related or environmental projects. Institutions such as the World Bank and the European Investment Bank often issue green bonds to encourage companies to…
The government unveiled the National Development Plan (Plan National de Développement, PND) 2021-25 to improve infrastructure development and support the expansion of the construction sector. This agenda is also expected to attract more public and private investment, and boost exports. AttractingForeign Investment The swift response by the government and financial support from the IMF alleviated…
According to the US International Trade Commission, in the decade to 2018 container trade in West Africa grew more than in any other region around the world, doubling over the period to more than 5m twenty-foot equivalent units (TEUs). Côte d’Ivoire has seen its share of this boom, with the number of container ships calling at the country rising from 485 in 2018 to 504 in 2020. New Facilities Given…
Promoting domestic tourism was identified as a key area of potential growth for Côte d’Ivoire’s tourism sector when the government first launched Sublime Côte d’Ivoire in 2018 and has since become an even more pressing priority. Travel restrictions imposed due to the Covid-19 pandemic have kept international visitors away. Hotel room occupancy at iconic tourist resorts averages less than 40%,…
The global tourism industry faces numerous challenges when it comes to decarbonisation, as highlighted by a November 2021 report from the World Travel & Tourism Council (WTTC), in collaboration with the UN Environment Programme and multinational consulting firm Accenture. In the years prior to the pandemic the sector thrived, recording its 10th consecutive year of growth in 2019. Moreover, with…
In December 2021 the government of Côte d’Ivoire adopted a bill outlining a comprehensive reform package for the technical and vocational education and training (TVET) industry. If approved by the Parliament and implemented, the bill would usher in widespread changes to the country’s existing TVET governance and financing structures, as well as establish new training and evaluation mechanisms…
With many emerging markets still facing high levels of plastic waste two years into the Covid-19 pandemic, solutions are being developed to address its environmental and health challenges. Plastic – which accounted for 12% of global solid waste pre-pandemic, according to the World Bank – took on a more prominent role as personal protective equipment (PPE) and single-use plastics by delivery food…
Since the implementation of the first five-year National Health Development Plan (Plan National de Dé veloppement Sanitaire, PNDS) in 2011, the government has focused on bringing health care infrastructure up to international standards. During the first two iterations of the PNDS, covering the period 2011-20, the state built 10 general hospitals, and rehabilitated 22 regional hospitals, 78 general…
