Cover of The Report: Côte d'Ivoire 2017

The Report: Côte d'Ivoire 2017

Cote d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011. The largest economy in UEMOA, and the third largest in ECOWAS, the country accounts for more than 30% of the eight-member bloc’s GDP.

Since 2012 Côte d’Ivoire has been enjoying one of the highest economic growth rates in the region thanks to a combination of factors, including monetary policy stability, significant public investment in infrastructure and, more recently, recovery in both the agriculture and mining sectors, the two historical breadwinners. Challenges remain, however. While the growth spurt – which looks set to continue over the coming years – has led to a modest decline in the poverty rate, other human development indicators have been slow to improve, and economic inclusion is limited, particularly outside Abidjan. Weaknesses in some key GDP contributors have prompted the government to plan significant reforms, ranging from an update of the banking regulations to the development of new industrial zones and further investment in infrastructure.

OBG & Cote d'Ivoire