OFID, the OPEC Fund for International Development, has signed public sector loan agreements with Côte d’Ivoire and Malawi to help boost socio-economic development and living standards.
The General managers of SITARAIL, Quentin Gerard, the Ivorian Refining Company, Thomas Camara and the Burkinabe National Hydrocarbons Company, Hilaire Kabore, have signed an agreement to develop the supply and transport of petroleum products.
Radisson Hospitality is proud to announce the signing of a new Radisson hotel in Abidjan, Ivory Coast. The Radisson Hotel & Apartments Abidjan Plateau signing brings the group’s Africa portfolio to 86 hotels and almost 18,000 rooms in operation and under development.
Strong indication that Côte d’Ivoire will soon join the committee of nations that had ratified the Minamata Convention on Mercury, the global Convention that seeks to prevent human and physical environment from mercury pollution has emerged.
Western Union, a leader in global cross-border, cross-currency money movement, announced today the opening of an office in Ivory Coast.
IFC, a member of the World Bank Group, and Côte d’Ivoire’s Ministry of Petroleum, Energy, and Renewable Energy Development have released a roadmap study that outlines pathways for achieving the country’s Nationally Determined Contribution.
African Infrastructure Investment Managers today announces its acquisition of a 50% stake in Société d’Exploitation et de Gestion Aéroportuaires, a holding company with an established portfolio of airport investments across West and Central Africa.
Zimbabwe, Egypt and Ghana are the leaders when comparing their September 2017 risk-reward score with the score from June 2018, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics.
Islamic banking is gaining a strong footing in African region with the launching Islamic banking windows of Coris Bank International in Mali, Senegal, Benin and Côte d’Ivoire.
Ethiopian Airlines and Air Côte d'Ivoire enter codeshare agreement on routes between West Africa and USA
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified Four Star Global Airline and Air Côte d'Ivoire, the national flag carrier of Côte d'Ivoire, have entered into a codeshare agreement effective May, 2018.
Growing industrial sector to drive Côte d'Ivoire uninterruptible power supply systems market by 2024, 6Wresearch
Construction of new industrial zones in cities such as Bonoua, Abidjan, Yamoussoukro, Bouake, Man, and San Pedro coupled with infrastructural development activities would fuel the growth Côte d'Ivoire UPS systems market over the coming years.
Ecobank Transnational Incorporated the mother company of the Ecobank Group has announced a raft of decisions to guide the company during the shareholders 30th annual general meeting in Lomé, Togo.
As part of its West Africa expansion, connectivity and data centre solutions operator MainOne has secured a license to expand national and international connectivity services in Cote d’Ivoire.
Canadian-based base mineral exploration and development company Sama Resources Inc. has closed its private placement with HPX Ivory Coast Holdings Inc., after receiving the required regulatory and shareholder approvals.
Telecommunication company Orange has expressed its desire to become a key player in the energy transition sector in Africa, by providing services directly to the general public or as a wholesaler to public operators.
Morocco ranks top investment destination in Africa for 2017, followed by Egypt, Algeria, Botswana, Cote d’Ivoire - Quantum research
Morocco is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2018 (AII) by Quantum Global’s independent research arm, Quantum Global Research Lab.
Standard Chartered Bank has announced the official launch of its digital bank in Côte d’Ivoire. This marks the Bank’s first digital bank in Africa and the first-of-its-kind to open in Côte d’Ivoire.
Nokia and Orange Middle East & Africa are rolling out a Nokia single radio access network and network management technology across seven African countries in a three-year modernization project to prepare for the launch of 4G services.
IFC and Côte d’Ivoire lead public-private dialogue on opportunities to reduce energy gap with renewables
IFC, a member of the World Bank Group, and Côte d’Ivoire’s Ministry of Oil, Energy and Renewable Energy Development of Côte d’Ivoire have partnered to bring together public and private sector executives in dialogue.
The Director-General of OFID, The OPEC Fund for International Development, Suleiman J Al-Herbish has signed loan agreements totaling $25 million with partner countries Djibouti and Côte d’Ivoire.
World Bank calls for skilled labour force and connectivity needed to modernize Côte d’Ivoire economy
With a GDP growth rate projected to reach 7 percent in 2018 and 2019, Côte d’Ivoire continues to be one of the most dynamic economies in Africa.
[Burkina Faso] African Legal Support Facility trains WAEMU members in oil exploration and opportunities
The African Legal Support Facility (ALSF) organized two workshops in Ouagadougou, Burkina Faso, on best practices for managing oil and mining exploration and exploitation contracts.
Orange and Gavi, the Vaccine Alliance, will enter into a partnership with the Côte d'Ivoire Ministry of Health to increase immunisation rates in the regions and districts with the lowest vaccine coverage.
The World Bank has approved a total amount of $60.4 million in the form of a credit from the International Development Association, and a grant from the Power of Nutrition Trust Fund ($10.4 million), to support the government of Cote d’Ivoire.
[Côte d’Ivoire] Didier Drogba Foundation opens its first school, with support of Nestle and International Cocoa Initiative
350 children can now have access to quality education in the rural cocoa growing community, thus decreasing the risk of them engaging in child labour on cocoa farms.
A new tax of 0.5 percent has been introduced on money transfers made through telephone companies in Cote d’Ivoire or their intermediaries, and relates particularly to remittances, according to the 2018 Tax Schedule.
Acquisition of Afric Power and Tieri gives ENGIE strong local presence to accelerate its expansion in energy services in West and Central Africa
ENGIE has signed an agreement to acquire two companies specialising in energy services in West Africa.
American fast food chain Burger King launched its activity in Ivory Coast in 2015 by opening its first restaurant in Marcory, a district in the city of Abidjan.
[Côte d'Ivoire] M6 Group acquires 33 per cent stake in in Life TV in deal to open broadcast market to foreign entities
M6 Group has announced that it is participating in the creation of the Life TV channel in the Ivory Coast through the acquisition of a 33% stake in the share capital of the Ivorian company of the same name.
As Nigeria exits the recession of 2017, investor sentiment across West Africa is likely to experience uplift in 2018. Still, political uncertainty ahead of Nigeria’s 2019 presidential elections and on-going security concerns are among the key risks for businesses operating in the region.
Globeleq, a power producer focused on Africa, says its majority owned subsidiary, Azito Energie and the Government of Côte d'Ivoire have signed an agreement to enable implementation of technical improvements to its Azito combined cycle power plant .
Côte d’Ivoire’s renewable energy project receives €50m financing support from African Development Bank
Côte d’Ivoire will boost its electricity production through a 44-megawatt hydroelectric power project supported with a €50 million African Development Bank financing loan, approved on Wednesday, 6 September 2017 in Abidjan.
The Citi Foundation and the international nonprofit organization TechnoServe have unveiled three new projects to support young entrepreneurs and workers in Africa through the Citi Foundation’s Pathways to Progress initiative.
Russian biotechnology company BIOCAD and Moroccan pharmaceutical company Sothema Labs have announced the launch of medicines derived using the technology provided by the Russian manufacturer into the North African market.
Tullow Oil is pleased to announce that it has completed the refinancing of US$2.5 billion of Reserves Based Lending credit facilities.
To improve performance and visibility into plant and turbine operations, GE’s Power Services business has signed an agreement with Azito Energie S.A. to upgrade two gas turbines at the company’s combined-cycle power plant.
The Lumos Mobile Electricity Service aims to bring power to millions of people who do not currently have access to an affordable, reliable or clean energy supply.
AfDB approves €98m loans and €17m partial risk guarantee for Air Côte d’Ivoire program to boost regional aviation industry
The AfDB Group's Board of Directors has approved a total AfDB loan of €98.06 million to finance a program of the regional airline, Air Côte d’Ivoire (ACI) to modernize and expand its operations.
The U.S. Government’s Millennium Challenge Corporation (MCC) and the Government of the Republic of Côte d’Ivoire have signed a five-year, $524.7 million compact to spur economic growth and reduce poverty in Côte d’Ivoire.
A new World Bank Group report titled The Geography of Welfare in Benin, Burkina Faso, Côte d’Ivoire and Togo explains the failure of the sub-region’s strong economic growth (above 5 percent, annually) to translate into benefits for the population.
Despite Cote d’Ivoire still being dominated by a traditional trade retail base, it has been found that the country’s Modern Trade arena has seen the greatest evolution in the last two years and therefore holds the most potential for growth.
Tullow Oil is pleased to announce that it has acquired 90% stakes in four onshore blocks in Côte d’Ivoire.
A Special Chamber of the International Tribunal for the Law of the Sea has determined the maritime boundary between Ghana and Côte d’Ivoire, adopting the boundary line claimed by Ghana and rejecting that proposed by Côte d’Ivoire.
The Millennium Challenge Corporation (MCC) Board of Directors in its quarterly meeting has approved a $524 million compact with the Republic of Côte d’Ivoire to spur economic growth and reduce poverty.
Wafacash and WorldRemit expand partnership to offer instant money transfers across West and Central Africa
Morocco-based financial services company Wafacash is scaling up operations with leading digital money transfer service WorldRemit to offer instant money transfers across West and Central Africa.
Erin Energy Corporation has said that the Special Chamber of the International Tribunal of the Law of the Sea in Hamburg issued its final judgement with regard to the maritime boundary dispute between Ghana and Côte d’Ivoire.
Kosmos Energy has announced that the Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) has issued its final decision in the maritime boundary dispute between the Governments of Ghana and Côte d'Ivoire.
United States Agency for International Development Administrator Mark Green has announced that the U.S. President's Malaria Initiative , led by USAID and implemented together with the U.S. Centers for Disease Control and Prevention, will launch new country programs.
African Trade Insurance Agency launches in Côte d'Ivoire, targets support of $2 billion of investments and trade
Côte d'Ivoire has become the latest member of the African Trade Insurance Agency (ATI).
Safran Electronics & Defense announces the selection of its WEFA solution (Wireless Extension For ACMS - Aircraft Condition Monitoring System) dedicated to the capture and the transfer of flight data, on the A320ceos of its long standing client, Air Cote d’Ivoire.
Earth Alive Clean Technologies Inc. a leading Canadian Clean-Tech company, reports that it’s organic and patent-pending soil inoculant Soil Activator® has gained final registration for sale in Côte D’Ivoire.
The Nigerian National Petroleum Corporation has said the West African Gas Pipeline would be extended from Ghana to Cote d’ Ivoire as part of the Federal Government West African energy integration policy.
Sitarail and the governments of Côte d'Ivoire and Burkina Faso sign agreement to modernize rail transport
The Governments of Côte d'Ivoire and Burkina Faso and SITARAIL have formally signed an agreement that will lift the last conditions precedent to the entry into force of the revised concession agreement for the management and operation of the concession
Total and Worldline partner with African Fintech InTouch to support deployment of Guichet Unique solutions in eight African countries
Total and Worldline have signed binding technological, commercial and financing agreements with African fintech InTouch.
Several African fruit producers and exporters have come together to create "AFFRUIBANA", the First Pan-African Association in defence of their Interests with members drawn from Cameroon, the Ivory Coast and Ghana.
Worldbank: Economic Growth Sub-Saharan Africa +2.6% in 2017 - Ethiopia (+8.3%), Tanzania (+7.2%), Côte d’Ivoire (+6.8%)
Growth in Sub-Saharan Africa is forecast to pick up to 2.6 percent in 2017 and to 3.2 percent in 2018, predicated on moderately rising commodity prices and reforms to tackle macroeconomic imbalances.
In a single round of voting last Friday, the United Nations General Assembly elected Côte d’Ivoire, Equatorial Guinea, Kuwait, Peru and Poland as non-permanent members of the Security Council for the next two years.
MSC and San Pedro Port have signed a 35-year concession agreement for the expansion of the San Pedro Container Terminal (“TCSP”) in Côte d’Ivoire in the presence of H. E. Mr Amadou Gon Coulibaly, Prime Minister of Côte d’Ivoire.
The Design Market is a new, upscale market that features talented designers, artists and makers from across the African continent.
West African region, much like their easterly neighbours, is experiencing a surge in port development projects which will greatly expand, modernise and link shipping infrastructure across the region over the course of the next five years.
GE Announces Clarke Energy as Jenbacher Gas Engines Distributor for an Additional Six Countries in Africa
GE’s Distributed Power has announced that it has recently signed an agreement with Clarke Energy to serve as GE’s distributor of Jenbacher gas engines for six additional countries in Africa, including Cote d’Ivoire, Democratic Republic of Congo, Ghana, Kenya, Morocco and Rwanda.
Bolloré Transport & Logistics Ivory Coast has launched public water transport vehicles in the Ebrié Lagoon. Six water buses, which will be operated by Société de Transport Lagunaire (STL)
New drilling initiatives in Nigeria, Ghana, Angola, and Cote d'Ivoire to drive the $190.25 billion industry, study
The global offshore drilling rigs market is poised to grow at a Compound annual growth rate of around10.2 per cent over the next decade to reach approximately $190.25 billion by 2025
In order to increase the operational capacity of Abidjan’s container terminal, four new gantry cranes (RTG) were put into service. These new modern equipment will help improve the port of Abidjan development.
The African Trade Insurance Agency (ATI) announced today that Côte d’Ivoire has joined a growing list of African countries who are members of the institution.
National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets, has been awarded the IATA Safety Audit for Ground Operations (ISAGO) certification for its Abidjan operations.
IFC, a member of the World Bank Group, in partnership with the Côte d’Ivoire Institute of Administrators (INADCI) and the African Corporate Governance Network, launched the Corporate Governance Program in Côte d’Ivoire.
The African Development Bank has disbursed an equity investment of $8.2 million in Shelter Afrique, a Development Finance Institution investing in affordable housing for Africa.
M-learning enables mobile phone users to access online courses (including free courses such as MOOC) and gain qualifications remotely via their smartphones.
MicroSave and The MasterCard Foundation collaborate to Advance Digital Finance Services in Francophone Africa
MicroSave, in partnership with The MasterCard Foundation, today launched a new program to develop tailored training courses in digital financial services (DFS) in francophone markets of Africa.