Côte d’Ivoire Report 2023

At least in the three-year outlook, Côte d’Ivoire will remain one of the fastest growing markets in Africa, boosted by an increasingly diversified economy. Oil, metals, and agricultural exports are balanced by imports of refined petroleum and processed goods, although Côte d’Ivoire is also building up its services and tourism economy, while adding more value to its exports to mitigate against external shocks.

In coming years, Côte d’Ivoire’s economic and trade outlook will be boosted by increased oil production and a looming trade deal on higher farmer prices for cocoa exports, as well as continued infrastructure development. The country’s public and partially public companies, which are in prime position to benefit from this economic boom, are in an enhanced position as borrowers, following recent positive government reforms and restructuring efforts.