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Chapter | ICT from The Report: Cote d'Ivoire 2020

Côte d’Ivoire has seen some significant developments in its ICT sector in recent years. As the number of internet users continues to increase, so have the opportunities for digital service providers. Significant progress towards digitalisation in both the public and private sectors has also been realised. The government recently achieved milestones in its initiatives to digitalise official processes and services. Moving forward, demand for ICT services is set to rise, particularly as the Covid-19 pandemic in early 2020 led businesses, schools and government bodies to switch to remote working in response to travel restrictions. While this shift was already under way prior to the outbreak of Covid-19, the pandemic is likely to accelerate the development of the country’s digital economy. This chapter contains an interview with Ange Frédérick Balma, Founder and CEO, LiFi-LED; and Philippe Pango, CEO, Village of ICT and Biotechnology

Chapter | Construction & Real Estate from The Report: Cote d'Ivoire 2020

The construction of numerous large infrastructure projects has contributed considerably to economic expansion since 2012. The sector’s dynamism has attracted international companies, particularly Chinese firms, which have completed several projects in transport, logistics and energy. With major infrastructure projects nearing completion and others under way, the construction and public works sector is likely to remain a key contributor to the economy in the medium term. Activity has also benefitted from a real estate boom, with many new properties in the pipeline, especially around Abidjan. However, since the government is increasingly looking to private funding to realise its construction and real estate ambitions, delayed investment due to the Covid-19 pandemic may impede meeting targets in 2020. This chapter contains interviews with Bruno Nabagné Koné, Minister of Construction, Housing and Urban Planning; and Clyde Fakhoury, CEO, PFO Africa.

Chapter | Transport from The Report: Cote d'Ivoire 2020

Côte d’Ivoire’s transport sector has attracted significant attention in recent years due to the extensive infrastructure projects that are under way throughout the country, concurrently enhancing air, sea, rail and road connectivity. These projects are set to enable greater passenger flows and increased cargo capacity. While infrastructure development is imperative for the country’s economic growth and offers opportunities for investment, the ongoing development of major projects risks adding strain to Côte d’Ivoire’s existing road, port and rail networks. Funding from a number of multilateral and international organisations, as well as some domestic firms, will provide a greater amount of support to the government’s financing efforts. In the long term this is set reduce the time and cost of transporting passengers and goods, leading to enhanced economic opportunity and improved quality of life, particularly for those in the country’s urban centres. This chapter contains an interview with Asta-Rosa Cissé, Managing Director, Abidjan Terminal/Bolloré Transport & Logistics.

Chapter | Industry & Retail from The Report: Cote d'Ivoire 2020

Government initiatives to strengthen Côte d’Ivoire’s industrial base have continued to yield results. However, despite public investment and government policies that have attracted private participation to the industrial sector, 2020 is likely to be a challenging year, with firms waiting to invest due to supply chain disruptions and the negative demand-side effects of the Covid-19 pandemic. Nevertheless, current policies and investments already under way leave the country’s industrial sector well positioned for continued growth over the medium and long term. Moreover, the rising number of internet users, which reached 12m in 2018, has fuelled opportunities in e-commerce. While Côte d’Ivoire, like the rest of the world, is experiencing a decline in non-essential retail sales as a result of the global spread of Covid-19, the foundation for long-term growth in the sector is strong. This chapter contains an interview with Souleymane Diarrassouba, Minister of Commerce and Industry; and Abdelmajid Touzani, Regional Director for West Africa, Bühler.

Chapter | Agriculture from The Report: Cote d'Ivoire 2020

Côte d’Ivoire’s agriculture sector is both a key driver of the economy and a primary player in global markets for goods such as cocoa and rubber. Indeed, owing to its fertile land, the West African country has established itself as a major exporter of a wide range of raw agricultural products. At the same time, the government aims to secure the sector’s economic and environmental sustainability through measures such as expanding local processing to capture greater value added and combatting deforestation. Moreover, financing for these initiatives is likely to grow in the medium to long term, building on the sector’s economic potential. These efforts will create opportunities for investors to leverage higher output levels and will help boost the contribution of agriculture to the economy. This chapter contains an interview Françoise Mariame Koné Bédié, CEO, Professional Group of Exporters of Coffee and Cocoa.

Chapter | Energy & Mining from The Report: Cote d'Ivoire 2020

Côte d’Ivoire has traditionally based its energy supply on a combination of gas-fired generation and hydropower, being the first in sub-Saharan Africa to leverage the use of independent power producers for energy generation. However, the need to fulfil rising demand and make up for years of underinvestment in the early 2000s is driving diversification of the energy mix, with a focus on biomass and solar to add to the country’s 2200 MW of installed capacity. Although there is strong potential for renewable energy investment, improving and simplifying the tender process could help attract greater interest. In terms of hydrocarbons, Côte d’Ivoire has a significant amount of unexplored territory in its waters, and adequate investment incentives will play a significant role in precipitating any future discoveries. The country is also working to develop the mining industry and exploit known pockets of key mineral resources, such as gold, bauxite, diamonds and nickel. This chapter contains an interview with Eric Amoussouga, CEO for Francophone Africa, General Electric; and Christine Logbo-Kossi, Executive Director, Chamber of Mines of Côte d’Ivoire.

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