L’association Light On organise, jusqu’au 31 juillet prochain, avec le soutien du Groupe de la Banque africaine de développement et d’autres partenaires, le concours « Salon de l’énergie et du développement durable » (SEDD for Innovation).
Social impact investor Oikocredit provided a loan of €2.3 million to Fin'Elle, a microfinance institution (MFI) focused on empowering women entrepreneurs by providing microfinance and mesofinance loans to women-owned SMEs in Côte d’Ivoire.
[Côte d’Ivoire] La Banque Africaine de Développement va soutenir la création de chaînes de valeur agricoles
La Banque Africaine de Développement va soutenir la Côte d’Ivoire dans la création de chaînes de valeur agricoles afin de créer davantage d’emplois et de rendre la croissance économique plus inclusive, a affirmé, le président de l’institution, Dr Akinwumi A. Adesina
ITFC signs €10 million financing agreement with Bridge Bank Group Cote d’Ivoire to support private sector and SME funding
The facility represents a significant portion of BBGCI’s remaining 2021 trade financing requirements and enables BBGCI to support the Bank’s growing private sector clients as well as small-to-medium-sized enterprises (SMEs).
[Côte d'Ivoire] Le ministère de l’Agriculture et du Développement rural élabore son document de programmation pluriannuelle
Le ministère d’Etat, ministère de l’Agriculture et du Développement rural (MEMINADER) a entamé, à Grand Bassam un atelier d’élaboration du document de programmation pluriannuelle de dépenses-projet annuel de performance (DPPD-PAP) 2022-2024.
Social media adoption helps small and medium-sized businesses power Africa’s economic growth, report
A study conducted by Genesis Analytics in eight African countries - Senegal, Côte d’Ivoire, the DRC, South Africa, Nigeria, Ghana, Mauritius, and Kenya - reveals that social media platforms help accelerate economic growth and opportunity across the continent.
African Infrastructure Investment Managers (AIIM), Adenia Partners and IFC have partnered to invest a total of $130 million to support Eastcastle Infrastructure (Eastcastle), a company specializing in Africa’s telecoms tower sector.
As part of the five-year collaboration with MTN, Tecnotree will deploy its Digital BSS Suite 5 to help accelerate the operator’s business growth, increase agility and boost operational efficiency.
Ivory Coast transport startup Moja Ride partners with O-CITY for its next phase of growth in mobility innovation
Moja Ride, an Ivorian startup providing a reservation and cashless payment system for transport services in Abidjan, has partnered with O-CITY for its next phase of digital innovation and future expansion.
IFC and the African Development Bank’s AFAWA initiative announced a new partnership program to boost the professional capacities, incomes and access to finance of thousands of Ivorian women smallholder farmers.
As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses.
The World Bank approved $250 million in total financing from IDA to support the development of the agri-food sector and the creation of thousands of jobs in rural areas of Cote d’Ivoire.
Valaris announced it has been awarded a one-well contract with Total E&P Côte d'Ivoire B.V. offshore Ivory Coast for drillship, VALARIS DS-12. The contract is expected to commence in the third quarter of 2021.
Global standards organization ASTM International and the American Petroleum Institute (API) have announced a partnership on a project aimed at harmonizing petroleum standards in the West African region.
Moulaye Taboure is the CEO/Co-founder of Afrikrea, an Africa focused e-commerce platform operating out of Côte d’Ivoire.
Uhuru Investment Partners (Uhuru), a middle-market private equity firm based out of Lagos and Abidjan, announced the first close of Uhuru Growth Fund I (UGF) at $113 million, with capital support from CDC Group.
Siemens Energy signed an agreement with Spanish EPC contractor TSK to provide the company’s highly efficient energy technology and services to Atinkou, a new combined cycle power plant to be built in Jacqueville, Côte d'Ivoire.
Qatar Airways has announced that it will operate three weekly flights to Abidjan, Côte d’Ivoire via Accra from 16 June 2021.
Drones, satellites, geographic information systems, weather stations and advanced analytics are some of the most promising technologies for providing solutions to Africa’s agricultural challenges.
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.
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 social enterprise startup Baobab+ has raised €4 million in financing for the expansion of its activities in Côte d’Ivoire and Senegal.
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 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).
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.
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.
Orange Côte d'Ivoire has launched new fiber optic offers intended for both individuals and businesses.
In Ivory Coast, illegal trafficking in agricultural commodities is a scourge that plagues the performance of the sector.
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.
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 AFAWA Guarantee for Growth program targets financial institutions to increase their appetite to lend to women who are known to be better payers
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 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 is expecting €1 billion from the European Union to improve the sustainability of its cocoa industry.
Filatex of Madagascar will start work on a 66MW solar power project in Côte d’Ivoire in May after agreeing terms with lenders
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 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.
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, 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 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.
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 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 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.
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.
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.
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 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.
The Ivorian government has reached an agreement with Chinese telecom operator Huawei to strengthen its ICT industry.
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.
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.
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 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.
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.
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.
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 reports that phase 2 drill program has commenced at the Empire gold discovery on the Odienné project in northwest Côte d'Ivoire.
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.
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.
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 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.
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.
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, 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 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, 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 has partnered with AWALE to support the Crisis Cell of the Ivoirian Government in its fight against the COVID-19 pandemic.
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.
The Global Alliance for Livestock Veterinary Medicines (GALVmed) has announced partnerships with three animal health companies in West Africa.
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).
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.
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 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 announced that it has completed the 100 per cent acquisition of Vodacom Business Africa’s operations in Nigeria, Zambia and Cote d’Ivoire.
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.
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).
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.
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 has joined the Child Learning and Education Facility (CLEF) coalition to boost quality education in rural communities in Côte d'Ivoire.
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 has invested in Coliba, an innovative Cote D’Ivoire-based recycling and waste management start-up addressing plastic waste.
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.
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.
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.
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.
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, 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 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.
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.
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, 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 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.