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Analysis

As world's top exporter of cashews, Cote d'Ivoire stands to benefit from economic opportunities
OBG
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Among its many high-value cash crops, Côte d’Ivoire’s cashew sector stands out as particularly high-potential, with the country reaching record production in 2015, beating India to become the world’s top exporter. Bolstered by rising global demand and strong market prices, the sector is set for another strong year in 2017 as the government ramps up efforts to increase domestic processing and…

Analysis

Poor weather in Cote d'Ivoire slows agricultural production, but tide may be changing in 2017
OBG
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For more than two decades Côte d’Ivoire has been the world’s largest cocoa producer, recording a 20% production surge in 2014 to reach 1.7m tonnes, or 40% of the global supply. Cocoa and processed bean exports comprised 26% of total exports in 2013, or 34% if oil and gas are excluded, and account for 15% of annual GDP, according to a BBC report published in June 2016. France’s Ministry of…

Analysis

Revamping of port facilities in Cote d'Ivoire accelerates
OBG
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To capitalise on its geographic position, Côte d’Ivoire is investing heavily to revamp and modernise its ageing transport infrastructure. A significant portion of the expansion work is focused on the port of Abidjan, the country’s primary maritime facility and an important source of public revenues. However, with GDP expanding by 8.4% in 2015, the port has also become a victim of the country’s…

Analysis

Improvements in Cote d'Ivoire's logistics raise competitiveness in transport sector
OBG
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Despite the large investments targeted at improving transport infrastructure across the country, insufficient investment in infrastructure maintenance over the years, coupled with rising traffic volumes and informality in the transport sector, have kept costs high and performance figures low. According to the World Bank’s logistics performance index from 2016, Côte d’Ivoire is ranked 95th out…

Analysis

Road expansion in Cote d'Ivoire continues to improve transport connectivity
OBG
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As economic growth opens up new opportunities for the development of domestic industries and attracts foreign direct investment, Côte d’Ivoire’s land transport networks are feeling the pressure. In order to accommodate increased traffic volumes and to further improve connections between urban and rural areas, as well as ease the link between the country’s hinterland and its maritime ports,…

Analysis

Government and private support should see Cote d'Ivoire's palm oil industry expand in 2017
OBG
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Côte d’Ivoire is West Africa’s second-largest palm oil producer after Nigeria and eighth largest overall. After annual production fell from 415,900 tonnes in 2010 to 360,000 in 2012, the country has successfully stabilised its annual production at around 400,000 tonnes per year, with local news reporting that the industry is worth CFA550bn (€825m) and affects upwards of 2m Ivorians. The government…

Analysis

Growing domestic populations lead to housing crunch across Africa, Cote d'Ivoire
OBG
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Africa is a diverse continent, with roughly 1bn people, 54 countries and thousands of languages. Additionally, many of its economies are facing similar challenges. One of the most common obstacles African markets face is a shortage of affordable housing. Kenya has a housing gap of 2m homes, for example, and in Nigeria that figure is as high as 17m units. This is hardly unique to the continent, but…

Analysis

New fibre-optic cable links up Cote d'Ivoire
OBG
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Côte d’Ivoire has been establishing the necessary infrastructure to improve conditions for the expansion of telecoms and information technologies usage in the country. Critical in this effort is the ongoing project of setting-up a nationwide, fibre-optic broadband network. The National Broadband Project, launched in 2012, will deploy close to 7000 km of fibre optics and cost a total of CFA106.8bn…

Analysis

Demand boosts cement production capacity in Cote d'Ivoire
OBG
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The cement industry experienced a supply shortage in early 2015, as local producers struggled to meet a high demand in cement fuelled by an increasing number of public works and private construction projects. To stabilise the situation, the government allowed local producers to import cement. While this was successful in balancing prices, many sub-par imports made their way into the country. The government…

Analysis

Cote d'Ivoire's emerging ecotourism initiatives signal renewed interest in ecology, tourism
OBG
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With eight national parks and six nature reserves, representing 6.5% of the country’s land and a total of 21,038 sq km, Côte d’Ivoire is ranked among the top countries in French-speaking Africa for protected areas. Following a period of economic and political instability, the country is gradually turning to ecotourism once again, as a way of promoting sustainable development and preserving natural…