Cover of The Report: Côte d'Ivoire 2013

The Report: Côte d'Ivoire 2013

A leading cocoa producer and exporter of low-cost power, Côte d’Ivoire is one of the more economically diverse and mineral-rich countries in West Africa. The country is a member of ECOWAS and the Economic and Monetary Community of Central Africa, as well as party to several international trade agreements, which help improve macro stability. 

 Although it has been subject to domestic unrest in previous decades, its performance in recent years has been record-breaking, with large increases in growth and capital flows. Côte d’Ivoire has seen a significant improvement in both its current performance and its outlook for short-, medium- and long-term growth.

Since the political crisis and consequent economic contraction of 2010-11, Côte d’Ivoire has experienced a strong recovery, with 2012 being a breakout year in which growth exceeded that posted in every year since 1980, save 1993. The government has put in place an ambitious National Development Plan to drive investment, deliver sustained double-digit growth and secure emerging economy status by 2020.

The country’s primary sector still plays a dominant role, particularly in terms of export revenues, but an influx of telecoms, finance and retail investment are helping the economy re-establish its position as one of the largest in West Africa.

 

OBG & Cote d'Ivoire