Analysis

Authorities working to deliver social housing in Côte d'Ivoire
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In 2010 President Alassane Dramane Ouattara announced plans to build 60,000 housing units. The current deficit is estimated at 400,000 to 600,000 units, with demand growing by 40,000-50,000 units each year. To bridge the shortfall, the state launched the Presidential Housing Plan in May 2013, hoping to add 150,000 units by 2020. Under the programme, developers building social housing would…

Analysis

Efforts under way to strengthen Côte d'Ivoire's mining sector
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The civil conflict in the early 2000s led to a slowdown in investment and resulted in much of the country’s infrastructure to fall into disrepair. However, government programmes have since began to reverse the situation. One of the main strategies to make the industrial sector more resilient, and increase its participation in the country’s GDP, was the implementation of National Restructuring…

Overview

Useful tips for travellers visiting Côte d’Ivoire
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Etiquette Business etiquette is similar to that of France. A handshake is appropriate for both men and women when first meeting someone new. When a woman meets someone for the second time, three kisses on the cheek are an appropriate greeting. Before discussing business, it is polite to break the ice by discussing family, health or the weather. Religion Muslims make up roughly 42.9% of the…

Overview

High economic growth rates in Côte d'Ivoire sustained
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Since the end of the civil war in 2011, Côte d’Ivoire has stepped forward into a new era of sustained peace and high economic growth. Linguistically, ethnically and religiously diverse, the former French colony is now aiming to regain its historic status as a peaceful and prosperous West African nation state. Geography Côte d’Ivoire is 322,463 sq km in size. It shares borders with Liberia…

Overview

Continued economic expansion helping Côte d'Ivoire's banking sector grow
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Supported by strong economic growth, the banking sector has expanded rapidly in recent years, financing public and private sector investment in reconstruction after the return of political stability in 2011. Profitability among the top-tier banks remains strong, with shareholders in publicly listed institutions benefitting from attractive dividends. These business opportunities have attracted…

Overview

New listings and investment vehicles set to drive growth in Côte d'Ivoire
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In September 2018 the Bourse Régionale des Valeurs Mobilières (BRVM) will celebrate its first 20 years in operation. The bourse is headquartered in Abidjan, and dominated by Ivorian listed firms and market participants. Having stagnated somewhat during Côte d’Ivoire’s period of political instability in the first decade of the century, it has been making up for lost time in the intervening…

Overview

Côte d'Ivoire's insurance sector experiencing premium growth and regulatory reform
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The insurance sector in Côte d’Ivoire has enjoyed a dynamic half-decade. Strong and sustained economic growth since 2012 has made the industry increasingly attractive, prompting the arrival of multiple new competitors aiming to establish a foothold in West Africa’s biggest insurance market. Premiums have grown steadily, keeping pace with GDP growth and driving increases in insurance penetration. While…

Overview

Côte d'Ivoire's unexploited natural resources attract global attention
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Consecutive years of growth have helped to rebuild Côte d’Ivoire’s industrial base, after years of civil unrest and insufficient investment. Although the country has some way to go to reclaim its former position as West Africa’s manufacturing centre, a combination of prudent government policies and foreign direct investment (FDI) across productive segments is helping to raise the sector’s…

Overview

Côte d'Ivoire diversifies energy mix and rehabilitates infrastructure
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As demand for electricity grows at home and abroad, Côte d’Ivoire continues to expand its production capacity. While these efforts require the rehabilitation and expansion of distribution and transmission networks, new regulations have also been introduced in recent years to make the sector more competitive and attract private investment. Greater involvement from private energy companies,…

Overview

Increased diversification makes agriculture sector in Côte d'Ivoire more resilient
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In recent years the government has implemented new measures to advance the sector, including increased public investment and a long-term national development plan aimed at growing export capabilities – efforts that are beginning to bear fruit. Raising the level of local processing for domestically grown goods will be fundamental in adding value to the sector and lower the sector’s exposure…