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World Bank financing for COVID-19 vaccine rollout in developing countries reaches $2 billion
The World Bank announced it has reached $2 billion in approved financing for the purchase and distribution of COVID-19 vaccines for 17 developing countries.
Africa is ready to fight covid-19 with seven innovative data projects
Agence Française de Développement (AFD) in its shared Innovation series highlights seven innovative programs created or developed by African countries to combat covid-19.
Solar home systems startup Baobab+ raises €4 million to expand in Côte d’Ivoire and Senegal
Solar home systems social enterprise startup Baobab+ has raised €4 million in financing for the expansion of its activities in Côte d’Ivoire and Senegal.
[Interview] Charlette N’Guessan, Co-founder, BACE Group, Ghana
Ivorian based in Ghana, Charlette N’Guessan is a tech entrepreneur who collaborates with various organizations that strongly advocate for gender balance in the tech ecosystem.
The Arab Africa Trade Bridges Program extends support for OCP Africa’s Agribooster Program in Côte d’Ivoire
The program will benefit 20,000 farmers. It serves as an end-to-end value chain solution that brings together all the conditions necessary for improving rice productivity and small farmers revenues.
Côte d'Ivoire eliminates sleeping sickness as a public health problem
Côte d'Ivoire has successfully eliminated human African trypanosomiasis, also known as “sleeping sickness” as a public health problem, becoming the second African country after Togo to be validated by the World Health Organization (WHO).
[Côte d’Ivoire] Magnum commits to planting 465,000 trees where much of its cocoa is sourced
Magnum, the ice cream brand famous for its cracking chocolate, has announced a tree planting programme in the Cavally Forest region in Côte d’Ivoire.
ICD and BDU-CI sign agreement to finance private sector enterprises in Côte d’Ivoire
The Islamic Corporation for the Development of the Private Sector (ICD) and Banque de l’Union - Côte d’Ivoire have signed an agreement to finance private sector enterprises in Côte d’Ivoire.
[Ivory Coast] Orange innovates in partnership with CANAL + to offer a connected multimedia offer
Orange Côte d'Ivoire has launched new fiber optic offers intended for both individuals and businesses.
[Ivory Coast] Rebirth of cocoa smuggling in the east
In Ivory Coast, illegal trafficking in agricultural commodities is a scourge that plagues the performance of the sector.
Standard Chartered launches a digital pan-bank league competition for its customers
Standard Chartered Bank has today launched a digital pan-bank league competition offering customers across 11 markets an opportunity to accumulate points that lead to prizes.
AfDB named the World's best multilateral financial institution 2021
African Development Bank received an award by global finance which represents clear support to the operational strategy that the African Development Bank has been pursuing under the able leadership of its President, Dr. Akinwumi A. Adesina
The African Development Bank to introduce first women beneficiaries of AFAWA Guarantee
The AFAWA Guarantee for Growth program targets financial institutions to increase their appetite to lend to women who are known to be better payers
Cote d’Ivoire prepares to launch COVID-19 vaccination drive
People began to queue early Monday as Cote D’Ivoire prepared to launch a COVID-19 inoculation drive with doses from the COVAX vaccine sharing facility.
Ghana, Côte d'Ivoire collaborate on cocoa security along common border
Ghana and Côte d’Ivoire have agreed to form a joint committee to find a lasting solution to security challenges faced by cocoa farmers along the southern parts of the shared border of the two countries.
Côte d’Ivoire in talks with EU for €1bln cocoa loan
Côte d’Ivoire is expecting €1 billion from the European Union to improve the sustainability of its cocoa industry.
Madagascar’s Filatex to start work on Côte d’Ivoire solar production
Filatex of Madagascar will start work on a 66MW solar power project in Côte d’Ivoire in May after agreeing terms with lenders
FAO, CECAF assist African countries fight illegal fishing with laptops
The Food and Agriculture Organization of the United Nations (FAO)’s Regional Office for Africa and the Fishery Committee for the Eastern Central Atlantic (CECAF) have stepped up support to the Fishery Committee for the West Central Gulf of Guinea (FCWC) by providing laptops for fisheries data analysis.
Women less likely to use mobile apps to conduct financial transactions, Caribou Digital study
Women are not using mobile apps to conduct financial transactions. This is according to a new study conducted by Caribou Digital with support from the Bill & Melinda Gates Foundation.
[Ivory Coast] AFD and the EU finance Ivorian companies’ green projects
An agreement has just been signed between the French Development Agency (AFD), the European Union (EU) and the General Confederation of Businesses in Ivory Coast (CGECI).
Bloc Smart Africa Impact Fund launches with governments of Luxembourg and Cote d’Ivoire as anchor sponsors
BLOC Smart Africa, a Flagship program of the Smart Africa Alliance, a pan-African initiative to accelerate sustainable socioeconomic development, announced its incorporation and sponsorship from the Governments of Luxembourg and Cote d’Ivoire.
African Development Bank’s adaptation benefits mechanism helps to climate-proof Ivorian smallholder farmers
A new project by the African Development Bank and the International Agroforestry Agency (ICRAF) to bring relief to Ivorian smallholder cocoa farmers’ communities in Soubre and Vavoua currently grappling with declining yields.
IFC, Leadway Vie partner to expand access to life insurance to women in Côte d’Ivoire
IFC, a member of the World Bank Group, and insurance company Leadway Vie Côte d'Ivoire announced a partnership to increase access to life insurance for women in Côte d'Ivoire and create jobs for women as insurance brokers in the country.
Endeavour sells 85% interest of its non-core Agbaou mine in Côte d’Ivoire
Endeavour Mining has entered into an agreement to sell its 85% interest in its non-core Agbaou mine in Côte d’Ivoire to Allied Gold Corp for a consideration of up to $80 million.
Kasada acquires eight hotels in Sub-Saharan African from AccorInvest
Funds advised by Kasada Capital Management announced the first transaction made through the debut fund, Kasada Hospitality Fund LP, acquiring a portfolio of Sub-Saharan African Hotels from AccorInvest.
Eutelsat’s konnect to provide connectivity services to Côte d’Ivoire Post Office Network
Eutelsat Communications’ konnect has signed a framework agreement with its distribution partner InterSat to provide connectivity services to the Post Office in Côte d’Ivoire.
Orange, Côte Ouest Audiovisuel partner to supply content delivery solution in West Africa
Orange International Carriers, the wholesale arm of Orange Group, is partnering with Côte Ouest Audiovisuel to supply network access and content delivery services in West Africa using its Media Delivery Boost (MDB) solution.
[Burkina Faso] Endeavour Mining, Teranga Gold enter agreement to create new senior gold producer
Endeavour Mining and Teranga Gold have entered into a definitive agreement whereby Endeavour will acquire all of the issued and outstanding securities of Teranga by way of a Plan of Arrangement under the Canada Business Corporations Act.
Cote D'Ivoire cocoa farmers to earn more following agreement between Faitrade and Ben & Jerry's
Cocoa farmers in Cote D'Ivoire are set to earn higher prices for their beans, as Ben & Jerry's ramps up its living income approach for farmers, in partnership with Fairtrade.
Petroci, Sahara Energy develop LPG facility in Côte d’Ivoire
Côte d’Ivoire’s national oil company Petroci will construct a 12,000-metric ton liquefied petroleum gas (LPG) storage facility in Abidjan, in partnership with Sahara Energy and under advisory of international law firm Gide and Ivorian law firm SCPA 3K.
Africa Fertilizer Financing Mechanism, OCP Africa team up to increase access to fertilizers in Côte d’Ivoire and Ghana
The African Development Bank has approved the participation of the Africa Fertilizer Financing Mechanism in a $4 million partial trade credit guarantee with OCP Africa, a subsidiary of the OCP Group.
TDI-Brooks completes EBS program offshore Ivory Coast
TDI-Brooks International together with the French environmental firm Créocéan and Benthic Solutions, has completed an Environmental Baseline Studies for TOTAL E&P Côte d’Ivoire, Ivory Coast.
Deutsche Post DHL, German Ministry for Economic Cooperation promote e-commerce in developing and emerging countries
Giving small and medium-sized enterprises from developing countries access to global markets is the goal of a cooperation between the German Federal Ministry for Economic Cooperation and Development and the logistics company Deutsche Post DHL Group.
Bollore Transport & Logistics handles 900 tonnes of equipment for Côte d'Ivoire thermal power station
Bollore Transport & Logistics Cote d'Ivoire unloaded 900 tonnes of equipment, including a turbine, an electric generator and various other materials, in the Yopougon municipality of Abidjan.
Côte d’Ivoire reaches deal with Huawei to boost ICT sector
The Ivorian government has reached an agreement with Chinese telecom operator Huawei to strengthen its ICT industry.
Construction work begins for new Ivory Coast Container Terminal
Following the signing of the contract with the China Harbour Engineering Company (CHEC) in August, construction works have now officially begun for the Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal.
IFC partners with OCP Africa to strengthen rice sector in Côte d'Ivoire and millet in Senegal
The International Finance Corporation (IFC) has announced a partnership with OCP Africa to strengthen value chains of rice in Côte d'Ivoire and millet in Senegal.
IFC, OCP Africa partner to strengthen rice sectors in Côte d'Ivoire and millet in Senegal
The International Finance Corporation (IFC) announced the establishment of a partnership with OCP Africa, a subsidiary of the OCP Group with a view to strengthening the rice sectors in Côte d'Ivoire and millet in Senegal.
Sapura Energy wins projects worth $203m in South America and Africa
Sapura Energy Berhad, a global integrated oil and gas services and solutions provider, has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast.
Traceable, commercially viable artisanal gold supply chain now operational in Côte d’Ivoire
After a first export of gold, IMPACT and the European Union announced a traceability and due diligence system from mine site to the international market for artisanal gold from Côte d’Ivoire has been successfully implemented as part of the Just Gold project.
New Ivory Coast Container Terminal next phase of development commences
The China Harbour Engineering Company (CHEC), signed contracts for the construction of Abidjan’s second container terminal, known as Côte d’Ivoire Terminal (CIT), scheduled to be operational at the end of 2021.
Green Climate Fund approves $11.8m project in Côte d’Ivoire
The Green Climate Fund approved several new projects, including one for Côte d'Ivoire that marks the first time the Food and Agriculture Organization (FAO) has helped an African country obtain grant from the international entity.
Awalé Resources commences phase 2 drilling program on Odienné project in Côte d'Ivoire
Awalé Resources reports that phase 2 drill program has commenced at the Empire gold discovery on the Odienné project in northwest Côte d'Ivoire.
Ivorian Green Cluster of SMEs names AfDB a 2020 Green Champion
The Green Cluster of SMEs in Côte d'Ivoire has awarded the African Development Bank a prize for the best technical and financial partner committed to promoting the green economy.
Cote d’Ivoire retailer CDCI selects Agility Logistics Park as distribution center
Agility has leased warehouse space in the Agility Logistics Park (ALP) in Abidjan to CDCI, Cote d’Ivoire’s top retailer, for a new nationwide warehousing and distribution centre.
Bollore Transport & Logistics plan boosts Cote d’Ivoire and Burkina Faso mango exports
For the 2020 crop year, the operational teams of Bolloré Transport & Logistics have processed 10,575 tonnes, or 940 TEU, of mangos via air and maritime transport.
Lumos secures FMO funding to power clean energy revolution in West Africa
Lumos has received new funding from Dutch entrepreneurial development bank, FMO, to expand its existing market for reliable, accessible and clean solar power in Côte d’Ivoire.
[Côte d'Ivoire] Godiva partners with Earthworm Foundation to promote sustainable change in the cocoa sector
Godiva, a global company inn premium chocolate, has partnered with the Earthworm Foundation to make sustainable improvements to the cocoa supply chain beginning in Côte d'Ivoire.
[Côte d'Ivoire] MainOne Data Center bolsters operations of Business Management Invest
MainOne, West Africa’s premier connectivity and data center solution provider recently on-boarded BMI-CI on its network by providing internet infrastructure and data center solutions.
Def Jam Africa announces further expansion into Côte d’Ivoire, Cameroon and Senegal
Universal Music Group (UMG), global music-based entertainment, has announced the further expansion of its Def Jam Africa division into three new markets within French-speaking Africa
Orange and NSIA launch Orange Bank Africa in Côte d'Ivoire to deepen financial inclusion
Orange, a major telecoms provider in Africa and the Middle East, and NSIA, a player in bancassurance, have launched Orange Bank Africa in Abidjan and Côte d'Ivoire.
IFC invests €25 million in NSIA, helps finance businesses in Côte d’Ivoire
IFC announced a €25 million, one-year senior loan to NSIA Banque Côte d’Ivoire (NSIA), allowing the bank to extend new trade-related or working capital loans to companies whose cash flows have been disrupted by the Covid-19 pandemic.
MainOne investment in West Africa’s internet infrastructure reaches $400 million
MainOne, West Africa’s provider of Wholesale and Enterprise connectivity and data center services celebrates 10 years of delivering innovative, world-class service in West Africa.
MainOne, AWALE partner to support Cote d'Ivoire fight against COVID-19
MainOne has partnered with AWALE to support the Crisis Cell of the Ivoirian Government in its fight against the COVID-19 pandemic.
DHL announces new country manager appointments in Morocco and West Africa
DHL Global Forwarding, an international provider of air, ocean and road freight solutions, has strengthened its leadership teams in Burkina Faso, Cote d'Ivoire, Senegal and Morocco with new country manager appointments.
GALVmed announces three new projects to accelerate animal healthcare in West Africa
The Global Alliance for Livestock Veterinary Medicines (GALVmed) has announced partnerships with three animal health companies in West Africa.
African Development Bank mobilizes more than $13m to support the CEMAC zone and DR Congo
The African Development Bank granted Abidjan a funding of $13.55 million to support the fight against the Covid-19 pandemic within the Economic and Monetary Community Central Africa (CEMAC) and the Democratic Republic of Congo (DRC).
PGS releases GeoStreamer 3D for Côte d’Ivoire
Marine geophysical firm PGS released a new 900 sq. km multi-azimuth GeoStreamer 3D seismic survey, providing increased resolution and sharper imaging of prolific Upper Cretaceous plays in Côte d'Ivoire block CI-706.
Cargill leverages technology to improve transparency in pursuit of a thriving cocoa sector
The Cargill Cocoa & Chocolate 2018-2019 Sustainability Progress Report has highlighted how Cargill is using technology to connect every dot in the cocoa supply.
Qatar Petroleum enters agreement for two exploration blocks in Côte d'Ivoire
Qatar Petroleum entered into a farm-in agreement with Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano basin, offshore the Republic of Côte d'Ivoire.
Convergence Partners acquires Vodacom Business Africa’s operations in 4 regions
Convergence Partners announced that it has completed the 100 per cent acquisition of Vodacom Business Africa’s operations in Nigeria, Zambia and Cote d’Ivoire.
Cargill continues efforts to protect children in direct cocoa supply chains worldwide
As part of ongoing efforts to combat child labor in the cocoa sector, Cargill is leveraging existing partnerships to extend the reach of its child labor monitoring and remediation mechanisms.
WRI, Cargill partner on tools, best practices to advance sustainable agriculture
To help businesses achieve the sustainability efforts needed to feed a rapidly growing population, Cargill is contributing $2 million to the next phase of its partnership with World Resources Institute (WRI).
African Development Bank grants € 12.3 million for Abidjan-Lagos road corridor project
The African Development Bank approved an additional funding of € 12.33 million in favor of the ECOWAS Commission to cover part of the costs related to the study of the Abidjan – Lagos motorway corridor development project.
MIGA reaffirms long-term commitment to energy sector in Côte d’Ivoire
Building on nearly two decades of World Bank Group support for Côte d’Ivoire’s energy sector, MIGA has issued guarantees for the Phase 4 expansion of the Azito combined cycle gas-power plant.
Nestlé joins public-private coalition to boost quality education in Côte d'Ivoire
Nestlé has joined the Child Learning and Education Facility (CLEF) coalition to boost quality education in rural communities in Côte d'Ivoire.
Ferrero efforts to end deforestation in Côte d’Ivoire and Ghana cocoa sector pays off
Italian manufacturer of branded chocolate and confectionery products, Ferrero has reported significant progress on its action plan to protect and restore forests in Côte d’Ivoire and Ghana cocoa sector.
GreenTec invests in Coliba, waste-management start-up in Cote D’Ivoire
GreenTec has invested in Coliba, an innovative Cote D’Ivoire-based recycling and waste management start-up addressing plastic waste.
Nestle records gains restoring forests in cocoa supply chains of Côte d’Ivoire and Ghana
Nestlé, the Swiss multinational food and drink processing company has reported significant progress in its efforts to help end deforestation and restore forests in its cocoa supply chain in Côte d’Ivoire and Ghana.
AfDB revives aquaculture project in western Cote d’Ivoire
The African Development Bank has revived an important aquaculture project in Cote d’Ivoire, and launched the women and youth component of the project to build electricity systems.
OPEC Fund, partners support access to energy in Côte d’Ivoire
The OPEC Fund for International Development is participating in a €303 million financing package for a new gas fired power project in Côte d’Ivoire.
AfDB relaunches Dompleu aquaculture project in Côte d'Ivoire
The African Development Bank (AfDB) is relaunching the Dompleu aquaculture project in the west of Côte d'Ivoire, which it financed in 2000 before it was interrupted by the political and military crisis.
Mother-child hospital shows success of public-private partnerships in Côte d’Ivoire
A cutting-edge hospital in the Abidjan suburb of Bingerville is reducing maternal mortality rates in the world’s largest cocoa producer, proving the promise of public-private partnerships.
IFC leads EUR 303 million financing package for Atinkou power plant, Côte d’Ivoire
IFC, a member of the World Bank Group, announced the signing of a EUR 303 million financing package for a new gas fired power project in Côte d’Ivoire.
Côte d’Ivoire partners with UNCTAD and Germany to improve e-commerce ecosystem
Côte d’Ivoire has partnered with UNCTAD and Germany to assess its readiness for e-commerce.
Mars in a $10 million deal with CARE to boost women agribusiness initiative in Côte d’Ivoire and Ghana
Mars has partnered with CARE, a leading humanitarian organization fighting global poverty, to promote women’s social and economic empowerment in cocoa-growing communities in Côte d’Ivoire and Ghana.
Azito Energie reaches financial close for its 253 MW expansion in Abidjan, Côte d’Ivoire
Globeleq and IPS (West Africa) announced that their subsidiary, Azito Energie SA has reached financial close on its 253 MW expansion of the existing Azito gas-fired power plant near Abidjan, Côte d’Ivoire.
French yeast manufacturer Lessaffre unveils first baking center in Côte d'Ivoire
Lesaffre, the French yeast and bread improvement manufacturer has inaugurated the first Baking Center of West Africa at its subsidiary, Lesaffre Ivoire in Abidjan, Côte d'Ivoire.
DPO Group extends operations to Senegal, Côte d'Ivoire and DR Congo
DPO Group, a payments technology company in Africa, has announced that it is now operating in Senegal, Côte d'Ivoire and the Democratic Republic of Congo in francophone Africa.
Côte d'Ivoire selects IGN FI to modernize its land administration system
Côte d'Ivoire has faced difficulties in administering property rights for many years.
Global Agriculture and Food Security Program announces new grants to fight hunger, poverty in FCV countries
The Global Agriculture and Food Security Program (GAFSP) announced that seven projects in countries affected by fragility, conflict, and violence (FCV) will receive grants totaling $97.6 million.
Pioneer Consulting and MainOne complete branch link on submarine cable network connecting West Africa and Europe
MainOne has announced the achievement of Provisional Acceptance for its latest submarine fiber optic cable network which links Senegal and Côte d'Ivoire to the trunk.
Uber launches in Côte d’Ivoire
Uber has launched operations in Abidjan, Côte d’Ivoire, to complement the existing transport infrastructure.
Cargill invests $113 million to expand cocoa processing in Côte d'Ivoire and Ghana
Cargill is investing over $113 million to expand its cocoa processing sites in Yopougon, Ivory Coast and Tema, Ghana.
Mainone’s submarine cable ready for service in Cote d’Ivoire
MainOne has announced its submarine cable in Cote d’Ivoire is live and ready for service.
ECA, AUC and AfDB launch the agriculture and food security joint thematic working group in Cote d’Ivoire
The United Nations Economic Commission for Africa (ECA), the African Union Commission (AUC) and the African Development Bank (AfDB) have launched the the agriculture and food security joint thematic working group in Cote d’Ivoire.
IFC to co-host Africa CEO Forum 2020, support Africa’s economic growth
IFC, a member of the World Bank Group, announced that it will co-host the AFRICA CEO FORUM 2020, the leading international conference dedicated to supporting private sector-led growth on the continent.
Côte d’Ivoire joins World Bank’s scaling solar program to develop clean energy
The World Bank Group, through its Scaling Solar program, and the Government of Côte d’Ivoire have signed an agreement to help Côte d’Ivoire develop its supply of affordable, reliable clean energy.
Ghana, Cote d’Ivoire strategic partnership already bearing Cocoa farmers dividends
The president of the Republic of Ghana says the Strategic Partnership entered into between Cote d’Ivoire and Ghana, which is manifesting itself in the joint cocoa production and marketing policy, is already paying dividends.
Afreximbank, Cote d’Ivoire sign agreement for industrial park development
The drive for Africa’s industrialisation received a major boost on Friday with the signing of the development agreement for Industrial Park PK 24 in Abidjan by the government of Cote d’Ivoire and the African Export-Import Bank.
Côte d'Ivoire committed to mobilize financial resources to support PCP programming
The Director General of UNIDO and the Minister for Trade and Industry of Côte d'Ivoire exchanged letters on the commitment to mobilize a financial contribution of € 120,000 to support the programming phase of PCP for the country.
Côte d'Ivoire and Kenya named rising stars of global trade
Côte d'Ivoire is the market that has most rapidly improved its trade growth potential over the past decade, according to new research from Standard Chartered (SC.com).
Kenya, Ivory Coast named rising stars of global trade
Ivory Coast tops the list as Kenya comes 3rd in the 2019 Standard Chartered Bank Trade20 Index as markets with the greatest potential for future trade growth.
Ghana Cocoa Board seals deal on USD1.3 billion cocoa syndicated loan agreement
The Ghana Cocoa Board (COCOBOD) has completed a USD 1.3 billion cocoa syndicated loan agreement for the purchase of cocoa beans from local farmers during the 2019/2020 crop season.
Grow Africa signs first set of term sheets worth over $200 million
Grow Africa has announced the signing of 7 term sheets that will result in a total of over $200,000,000 of new investment in Malawi, Uganda, Eswatini, Nigeria and Côte d’Ivoire by 2023.
AgDevCo makes first investment in Cote d'Ivoire with DekelOil
AgDevCo has announced a €8.7 million investment into the DekelOil group, an agribusiness operating in the palm oil and cashew sectors in West Africa.
Millennium Challenge Corporation, Bechtel and Côte d'Ivoire Government launch partnership on infrastructure planning
The U.S. Government's Millennium Challenge Corporation (MCC) ha announced partnership with Bechtel Infrastructure Corporation and Côte d'Ivoire Government, focusing on national infrastructure master planning.
[Ivory Coast] IFC coordinates € 264 million financing for expansion of Azito power plant
IFC, Globeleq Africa Holdings and Industrial Promotion Services West Africa have committed the necessary funds for the development of the Azito thermal power station (called "Azito Phase 4") in Côte d'Ivoire.
[Côte d’Ivoire] Economic outlook, why its time to produce Cocoa inclusively and responsibly, World Bank
The World Bank ninth economic update for Côte d’Ivoire confirms the positive trends noted in the past year but qualifies this assessment because of several risk factors, in particular the uncertainty linked to the 2020 presidential elections.
[Ghana] Energy Minister cuts sod for GOIL, SMB Joint Venture project commencement
Ghana Energy minister, Mr. John Peter Amewu, has cut the sod for the commencement of work on the Bitumen plant in Tema.