Ivory Coast
Côte d'Ivoire is a West African country with its capital in Yamoussoukro and its economic centre in the coastal city of Abidjan. The country has a population of about 28 million and is one of the region's largest economies, driven primarily by agriculture, particularly cocoa production. Côte d'Ivoire is the world's leading producer and exporter of cocoa beans, accounting for roughly 40% of global supply, and also produces significant quantities of coffee, cashews and palm oil. The economy is further supported by petroleum extraction, natural gas, mining and a growing services sector. The currency is the West African CFA franc, which is pegged to the euro and shared with seven other members of the West African Economic and Monetary Union. Côte d'Ivoire is a presidential republic and a member of the Economic Community of West African States and the African Union. The country gained independence from France in 1960 and experienced political stability under Félix Houphouët-Boigny until his death in 1993, followed by periods of civil conflict in the early 2000s. Since 2011, Côte d'Ivoire has pursued economic reforms and infrastructure investment, positioning itself as a regional hub for finance and trade. The government has accessed international capital markets through Eurobond issuance and works closely with multilateral institutions including the International Monetary Fund.
Ivory Coast Updates
World Bank's MIGA to more than double Africa guarantees to $6.4bn a year
By: Reuters 19th May 2026 The World Bank's Multilateral Investment Guarantee Agency plans to more than double the guarantees it provides annually in Africa to $6.4-billion... →
African leaders push for risk pricing rethink, fresh investment at France Africa summit
By: Reuters 11th May 2026 African leaders will use a two‑day summit in Nairobi with French President Emmanuel Macron to make a fresh push on rethinking how to price risk on... →
Digital radicalisation in Senegal: early warning of an evolving terror threat
By: ISS, Institute for Security Studies 15th April 2026 As the risk of jihadist influence grows in southeastern Senegal, the digital dimension must be integrated into terrorism prevention strategies. On... →
Angola gets World Bank, MIGA loan guarantees for debt-for-education swap
By: Reuters 6th March 2026 Angola received formal approval from the World Bank and its Multilateral Investment Guarantee Agency on Thursday for crucial financial guarantees... →
African nations turn to multilateral lenders for diversification, S&P says
By: Reuters 24th February 2026 African governments will lean more on multilateral lenders and reform momentum in 2026 even as debt distress risks remain elevated across the... →
Ghana's unpaid cocoa farmers are forced to go hungry
By: Reuters 12th February 2026 Joseph Bermah Dautey, a Ghanaian cocoa farmer, delivered six bags of beans to be sold months ago, but is still waiting for payment from the... →
New malaria vaccines helped Ghana slash child deaths. Then Trump, others cut aid
By: Reuters 29th January 2026 New vaccines are helping Ghana approach a long-sought goal of ending child deaths from malaria, demonstrating the potential of the shots to drive... →
Benin president says coup bid thwarted, vows retribution
By: Reuters 8th December 2025 Benin President Patrice Talon said on Sunday that the West African nation's government and armed forces had thwarted a coup attempt by a group of... →
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