Agriculture
From The Report: Cote d'Ivoire 2017
View in Online Reader

Agriculture has been the largest single economic growth driver in Côte d’Ivoire in the years following independence, supported by a diverse selection of cash crops that have benefitted from strong government support and promotion, fertile land, a favourable climate and growing conditions, and abundant water resources. Agricultural development has taken priority in recent years, as evidenced by increased public spending and development of a long-term sector strategy emphasising innovation, land allocation and crop diversification. Value-added processing, particularly in the powerhouse cocoa sector, is also a major priority for the authorities, although drought and recent political unrest could weigh on production and investment.

Articles from this Chapter

Overview

A return to form: After a challenging period, the country’s agriculture sector has started to see its fortunes rebound
OBG
plus

Agriculture has been the largest single economic growth driver in Côte d’Ivoire in the years following independence, supported by a diverse selection of cash crop offerings that have benefitted from strong government support and promotion, fertile land, a favourable climate and growing conditions, and abundant water resources. The country is the world’s largest cocoa producer, second-largest cashew producer, and is also a significant producer of cash crops including rubber, palm oil, bananas,…

Analysis

Poised for growth: Government and private support should see the palm oil industry expand in the coming year
OBG
plus

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 intends to further boost this industry, largely dominated by small village plantations responsible…

Analysis

Changing the forecast: While poor weather has slowed production, the tide may be changing in 2017
OBG
plus

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 Agriculture, Agrifood and Forestry reported that over 800,000 farmworkers are employed by the industry,…

Analysis

Cashing in: As the world’s top exporter of cashews, the country stands to benefit from a host of economic opportunities
OBG
plus

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 boost value-added production through incentives aimed at attracting new investment. Production Spike Cashew…