Cote d'Ivoire

Republic of Cote d'Ivoire

French West African CFA (XOF) French civil law
AU, ECOWAS, WAEMU, AfCFTA, WTO

Cote d'Ivoire is the largest economy in francophone West Africa and the world's largest producer of cocoa beans, accounting for approximately 40% of global supply. The economy has grown at an average of 7% annually since 2012, making it one of Africa's fastest-growing economies.

The country serves as the economic hub of the West African Economic and Monetary Union (WAEMU) and hosts the regional stock exchange (BRVM) in Abidjan. The port of Abidjan is the busiest in West Africa. Key sectors include cocoa, cashew nuts, rubber, palm oil, mining (gold), and an expanding services sector.

The government's Plan National de Developpement (PND) 2021-2025 targets industrial transformation and infrastructure development, with mega-projects including the Abidjan Metro and new Abidjan airport.

SnapshotIndicatorsCountry FactsFocus SectorsDoing BusinessRegulations & TaxesBusinesses (479)Deals (7)

Snapshot

Population~32.7 MWorld Bank, 2025
GDP (current USD)$99.8 BWorld Bank, 2025
GDP per Capita$3,050World Bank, 2025
GDP Growth6.50%World Bank, 2025
Inflation (y/y)~0.13%World Bank, 2025
BCEAO policy rate3.50%Central Bank
Unemployment2.32%World Bank, ILO modelled estimate, 2025
Internet Use~41.43%World Bank, 2024
Electrification~70.00%World Bank WDI
CPI Score (Rank)37.0/100 (#99)Transparency Intl
HDI (Rank)0.550 (#159)UNDP HDR
Credit RatingBB- (S&P) / Ba3 (Moody's) / BB- (Fitch)S&P / Moody's / Fitch
MarketBRVM (Bourse Regionale des Valeurs Mobilieres, Abidjan)

World Bank Indicators Compare with another country

GDP (current USD)$99.8 BWorld Bank, 2025
GDP growth (annual)6.50%World Bank, 2025
GDP per capita (USD)$3,050World Bank, 2025
Population, total32.7 MWorld Bank, 2025
FDI net inflows (USD)$3.1 BWorld Bank, 2024
Inflation (consumer prices)0.13%World Bank, 2025
Unemployment (% labour force)2.32%World Bank, 2025
Internet use (% of people)41.43%World Bank, 2024
Trade (% of GDP)54.56%World Bank, 2025

Country Facts

CapitalYamoussoukro
RegionWest Africa
CurrencyWest African CFA (XOF)
FX RegimeFixed peg to EUR via CFA franc
Stock ExchangeBRVM (Bourse Regionale des Valeurs Mobilieres, Abidjan)
Investment Promotion AgencyCentre de Promotion des Investissements en Cote d'Ivoire (CEPICI)
Legal SystemFrench civil law
Time ZoneAfrica/Abidjan

Focus Sectors

Cocoa (world's largest producer)
Cashew
Rubber
Palm Oil
Mining (gold)
Energy
Telecoms
Construction
Financial Services
Manufacturing

Doing Business

Cote d'Ivoire has significantly improved its business environment, ranking among the top reformers in West Africa. Company registration is handled through CEPICI, the investment promotion center, and can be completed in 24-48 hours online.

Key steps:
  1. Register at CEPICI one-stop shop
  2. Obtain tax registration (DGI)
  3. Register with social security (CNPS)
  4. Declare employees with the Labour Inspectorate

The CFA franc zone provides currency stability (pegged to EUR at 655.957 XOF = 1 EUR), eliminating exchange rate risk for eurozone trade partners. Free from capital controls within the WAEMU zone.
Investment facilitation: Centre de Promotion des Investissements en Cote d'Ivoire (CEPICI)

Regulations & Taxes

Corporate Income Tax25% standard
VAT / Sales Tax18% standard

Recent Deals (7)

View All Deals
Series ASep 2023
$7M

Julaya

Lead: Speedinvest

Series ASep 2022
$14M

Djamo

SeedSep 2022
$3M

Daba Finance

Series AJun 2022
$5M

CinetPay

Lead: Proparco

SeedMar 2022
$4M

Afrikrea

GrowthJan 2022
$1M

Akendewa

SeedJun 2021
$2M

Julaya

Lead: Y Combinator

Tenders

View All

Recrutement d'un cabinet pour la réalisation d'une étude du mode d'organisation et de gestion des stations d'alevinage (Dompleu, Loka, Assoumoukro et Mopoyem)

Cote d'Ivoire Agri-Food Sector Development Project

Contract Awards

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EVALUATION ENVIRONNEMENTALE ET SOCIALE STRATEGIQUE (EESS) DES PLANS D’AMENAGEMENT DES FORETS CLASSEES DU HAUT-BANDAMA, DU N’ZI SUPERIEUR ET DE PIERRHE

Government of Cote d'Ivoire (World Bank-financed, project P175982)

ENTRETIEN ET REPARATION DES VEHICULES DE L’UNITE DE COORDINATION DU PDC2V

Government of Cote d'Ivoire (World Bank-financed, project P171613)

TRAVAUX DE RENOVATION DU CÂBLAGE INFORMATIQUE ET TELEPHONIQUE DU PROJET DE DEVELOPPEMENT DES CHAINES DE VALEURS VIVRIERES (PDC2V)

Government of Cote d'Ivoire (World Bank-financed, project P171613)

ACQUISITION DE CENT-CINQUANTE (150) TABLETTES AU PROFIT DE L’ANADER

Government of Cote d'Ivoire (World Bank-financed, project P171613)