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Analysis

How is stronger legislation is tackling cryptocurrency crime
OBG
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Amid record levels of cryptocurrency crime, many emerging markets are looking at ways to strengthen their cryptocurrency-related protections. The incidence of cryptocurrency-linked crime is increasing as the uptake of the payment medium rises rapidly and broadly. A record $14bn in digital currencies was transferred to illegal addresses in 2021, according to blockchain data platform Chainalysis, up…

Analysis

Hydrocarbons discovery in the Gulf of Guinea to boost Côte d’Ivoire’s reserves
OBG
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In September 2021 Côte d’Ivoire announced the country’s first large-scale oil and gas discovery in two decades. The discovery was made by Italy’s Eni in Block CI-101 on the Baleine prospect, some 60 km off the coast on the Gulf of Guinea. According to initial estimates, the discovery is thought to total 1.5bn-2bn barrels of oil and 1.8trn-2.4trn cu feet of natural gas. This would significantly…

Analysis

How Côte d’Ivoire is strengthening mining regulatory framework
OBG
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As mining investment continues to increase across the region, many West African countries have introduced regulations to ensure that mining operators take into account the needs of local communities and the potential impact on the environment. The UEMOA community mining code was adopted in 2003 with the aim of protecting these interests. In 2014 Côte d’Ivoire introduced its own mining code to ensure…

Analysis

How does EU ban on Russian oil imports affect emerging markets
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Emerging markets are exploring opportunities to help meet the EU’s energy demand following the bloc’s announcement to ban seaborne imports of oil from Russia. The move, announced in May 2022 and set to be implemented by the end of the year, forms part of the sanctions crafted in response to Russia’s invasion of Ukraine in February 2022. Roughly 90% of the EU’s oil imports from Russia arrive…

Analysis

How is agriculture in Côte d’Ivoire digitalising for the future
OBG
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In the countryside some 50 km outside Abidjan, a coffee-roasting plant is using the latest digital technology to produce subtle variations on a new theme: Arabusta coffee beans from the Man region. Adjusting the roast scientifically while introducing other flavours and aromas, the coffee produced by Augur Industries is a combination of high-tech industry and traditional agriculture, and represents…

Analysis

How emerging markets are adopting green solutions
OBG
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In light of the Covid-19 pandemic, supply chain disruptions and broader environmental concerns, many countries are looking to improve the efficiency of agriculture and reduce its carbon footprint. The drive for sustainable agriculture gained impetus in 2022 following Russia’s invasion of Ukraine, which curtailed exports of maize, wheat and cooking oil from key producers – raising broader concerns…

Overview

How is Côte d’Ivoire taking steps to ensure economic growth
OBG
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Côte d’Ivoire is part of a region with a vibrant history defined by the movement of goods, peoples and religious evolution. The country is located on the southern edge of the most prominent and wealthy West African empires. Following early Neolithic findings, subsequent populations in the area have left few archaeological traces and evolved on the periphery of the Sudanic empires of Western Sahara.…

Overview

Côte d’Ivoire’s diverse communities offer investment opportunities
OBG
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A dynamic, diverse and rapidly growing country, Côte d’Ivoire is one of the largest economies in West Africa, with a promising growth outlook and favourable demographic prospects. Côte d’Ivoire has a range of natural resources and varied landscapes inhabited by a wide variety of peoples speaking different indigenous languages and practising distinct faiths. The optimistic economic projections…

Overview

How diversification and investment drive growth in Côte d’Ivoire
OBG
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Thanks in large part to renewed political stability, Côte d’Ivoire’s sustained high growth in the last decade ranks it among the best-performing countries in sub-Saharan Africa. Between 2012 and 2019 real GDP growth averaged around 8.5%, compared to less than 0.5% over the 2000-11 period. The post-2012 period has been marked by ambitious public and private investment programmes, giving the economy…

Overview

Regional stock exchange BRVM in Côte d’Ivoire sees growth
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Headquartered in Abidjan, the Bourse Régionale des Valeurs Mobilières (BRVM) is the regional stock exchange that serves the capital markets of the eight members of UEMOA. The BRVM has experienced turbulent periods of growth and decline over its 25 years of existence. During the period that coincided with the civil and political unrest in Côte d’Ivoire, the BRVM showed limited progress in terms…