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Analysis

Basel III has banks in Africa and Cote d'Ivoire re-examining development goals
OBG
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The Basel III banking accords mark the latest step in the process of harmonising financial regulations across markets, but the nature of their focus – and some of the problems they seek to solve – mean that their relevance to Africa’s emerging and frontier markets can sometimes be limited. The majority of the banking sectors in African economies – South Africa aside – are far more straightforward,…

Analysis

Manufacturing
OBG
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The Company Established in 1968, Uniwax is an Ivorian company engaged in the manufacturing, production and distribution of wax-coated fabrics in local and export markets. A subsidiary of the Vlisco Group, Uniwax has inspired Ivorian and sub-regional fashion for years with the Wax fabric. Uniwax continues to shape the tastes of numerous generations of women and men in Africa thanks to its top-quality…

Analysis

Petroleum
OBG
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The Company Vivo Energy CI is a joint venture between Vitol (40%), Helios Investment Partners (40%) and Shell (20%). The group obtained the licence to distribute and market Shell-branded fuels and lubricants in 16 African countries on December 1, 2011. In Côte d’Ivoire, Vivo Energy CI is the second-largest oil marketing company after Total CI. Vivo Energy CI’s retail network includes 170 service…

Analysis

Acceleration of activity strengthens mining's contribution to Cote d'Ivoire's economy
OBG
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With improved conditions for exploration on the ground and a stronger regulatory environment, Côte d’Ivoire’s mining potential is attracting growing attention from foreign exploration companies. Although the development of the sector still lags behind some of its neighbours, such as Ghana, mining exploration is becoming increasingly important for the Ivorian economy. According to the Chamber…

Analysis

New industrial areas in Cote d'Ivoire attract fresh investment
OBG
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With a stated goal of having industry account for close to 40% of the country’s economy by 2020, up from 25% currently, the authorities are focusing on the development of new industrial zones to cater to emergent manufacturing capacity. The effort involves revamping existing economic zones and developing new areas to be managed under public-private partnerships. The need to establish sufficient…

Analysis

Renewed efforts to boost production attract greater foreign investment in Cote d'Ivoire's hydrocarbons sector
OBG
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With the return to stability and economic growth, foreign direct investment is again flowing into Côte d’ Ivoire’s hydrocarbons sector. Prompted by the prospects of greater oil finds and growing domestic demand for gas, companies have sought to make the most of existing production fields, while also seizing the opportunity to further investigate the country’s seabed for hydrocarbons. To facilitate…

Analysis

New manufacturing capacity set to revamp Cote d'Ivoire's FMCG market
OBG
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With economic growth pushing household incomes upwards in Côte d’Ivoire, new opportunities are arising for retailers and the development of fast-moving consumer goods (FMCG). The improvement of domestic conditions, coupled with a rising population, is leading several global FMCG manufacturers to set up local production facilities to cater for the growing demand in Côte d’Ivoire and some of its…

Analysis

Governments in Cote d'Ivoire and Africa turn to independent power producers to create much-needed generation capacity
OBG
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Power is one of the biggest hurdles to stronger growth in the sub-Saharan African region. A number of factors – fromdumsorin Ghana and high tariffs in Kenya to a lack of grid access in Gabon – mean that both households and industrial firms are often subject to inconsistent and unreliable electricity supply. While a number of solutions are being rolled out to address this, from off-grid…

Analysis

Schemes to expand electricity access generate private sector opportunities in Cote d'Ivoire
OBG
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Electricity coverage and access rates have improved in Côte d’Ivoire in recent years as a result of renewed investment in distribution networks and a number of financial measures aimed at easing the cost of connection. The government has strongly supported these efforts through flagship initiatives such as the National Rural Electrification Programme (Programme National d’Electrification Rurale,…

Analysis

Cote d'Ivoire's strong solar and biomass potential help transform energy sector
OBG
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As a result of strong economic growth, boosting production capacity in Côte d’Ivoire has become a government priority against the backdrop of rising domestic electricity demand. While the bulk of this new capacity is set to come from new thermal power plants and hydroelectric dams, other renewable energies play an important role in the government’s energy expansion strategy. At present, Côte…