|Coconuts and Cashews|
|Non-fillet Frozen Fish|
|Special Purpose Ship|
Ivory Coast or Côte d'Ivoire (French), officially named the Republic of Côte d'Ivoire (French: République de Côte d'Ivoire), is a country located in West Africa. Ivory Coast's political capital is Yamoussoukro, and its economic capital and largest city is the port city of Abidjan. Its bordering countries are Guinea and Liberia in the west, Burkina Faso and Mali in the north, and Ghana in the east. The Gulf of Guinea (Atlantic Ocean) is located south of Ivory Coast.
The Ivorian financial sector has remained functional but has heavily suffered from the political and civil crisis. The cost of risk rose substantially, loan portfolios deteriorated and the banking system became less profitable. The banking system registered an 8 percent drop in healthy loans and a 44% rise in non-performing loans between the end of December 2010 and the end of June 2011. At last count, the banking sector consisted of 21 banks, five of which were domestic-owned. Domestic banks accounted for 21 percent of total assets and for their great majority liquidity levels remained below prudential levels. The government has been heavily involved in the sector, in an effort to prop up these institutions since the beginning of the conflict in 2002. As part of the WEAMU, Cote d'Ivoire shares an interbank market with all countries in the Union; similarly, bank licenses are valid for all of WAEMU's countries. The provision of financial services in rural areas, to small and medium-sized enterprises, as well as the mobilization of long-term savings and the financing of long-term investment, is still deficient. The microfinance sector, in particular, has been severely affected by the lasting conflict and related lack of smooth funding flows. Approximately 90 percent of credit and savings activities are concentrated in just two cooperative networks, which currently face difficulties, and constitute a systematic risk for the microfinance sector. To reverse this trend, the Ministry of Finance issued a National Microfinance Policy at the end of 2007 along with a detailed Strategy and Action Plan for 2007-2015 aiming at achieving a viable, integrated and diversified microfinance sector with penetration over the whole country by 2015.
|Agriculture||Coffee, cocoa beans, bananas, corn, rice, sweet potatoes, sugar, cotton, rubber|
|Manufacture||Beverages, textile, wood products, gold mining, fertilizer|
|Services (Including financial)||61.8% (2015 estimate)|
|MTN Cote d’Ivoire||Telecom|
|Petroci||Oil & Gas|
|SMB||Oil & Gas|
|Orange Cote d’Ivoire||Telecom|
|SIR||Oil & Gas|
|Bollore Africa Logistics||Logistics|
|Coconuts and Cashews|
|Non-fillet Frozen Fish|
|Special Purpose Ship|
The Bourse Régionale des Valeurs Mobilières SA ("Regional Securities Exchange SA") or BRVM, is a regional stock exchange serving the following West African countries: Benin, Burkina Faso, Guinea Bissau, Côte d'Ivoire, Mali, Niger, Senegal, Togo. The exchange is located in Abidjan, Cote d'Ivoire. Market offices are maintained in each country. BRVM is a private corporation with 2,904,300,000 CFA francs in capital.
The mission of the BRVM is to:
Time line Market integration by the BRVM is a political, institutional and technical success. The Bourse Régionale and Dépositaire Central/Banque de Règlement (DC/BR) were established in several phases:
The 2010–11 Ivorian crisis was a political crisis in Ivory Coast which began after Laurent Gbagbo, the President of Ivory Coast since 2000, was proclaimed the winner of the Ivorian election of 2010, the first election in the country in 10 years. The opposition candidate, Alassane Ouattara, and a number of countries, organizations, and leaders worldwide claimed Ouattara had won the election. After months of attempted negotiation and sporadic violence, the crisis entered a decisive stage as Ouattara's forces began a military offensive in which they quickly gained control of most of the country and besieged key targets in Abidjan, the country's largest city. International organizations have reported numerous human rights violations, and the UN undertook its own military action with the stated objective to protect itself and civilians.
A significant step in bringing an end to the crisis occurred on 11 April 2011 upon the capture and arrest of Gbagbo in Abidjan by pro-Ouattara forces backed by French forces.
On 27 June 2011, UN lifted the last sanctions against Ivorian enterprises, including Radiodiffusion télévision ivoirienne (RTI), Association des producteurs de caoutchouc naturel de Côte d'Ivoire (APROCANCI), and Société de gestion du patrimoine de l'électricité (SOGEPE). On 8 July 2011, IMF resumed the aid to Cô te d' Ivoire. On 25 October, the United States announced that Cô te d' Ivoire, excluded since 2005, was again eligible for the African Growth and Opportunity Act (AGOA), which gives trade preferences to eligible countries.
On 3 August 2012, the first commercial court of Cô te d' Ivoire was set up in Abidjan, with the aim of encouraging the investment and the economic development.
Prior to its colonization by Europeans, Ivory Coast was home to several states, including Gyaaman, the Kong Empire, and Baoulé. Two Anyi kingdoms, Indénié and Sanwi, attempted to retain their separate identity through the French colonial period and after independence. Ivory Coast became a protectorate of France in 1843–44 and was later formed into a French colony in 1893 amid the European scramble for Africa. Ivory Coast achieved independence in 1960, they were led by Félix Houphouët-Boigny, who ruled the country until 1993. It maintained close political and economic association with its West African neighbors while at the same time maintaining close ties to the West, especially France. Since the end of Houphouët-Boigny's rule in 1993, Ivory Coast has experienced one coup d'état, in 1999, and two religion-grounded civil wars. The first took place between 2002 and 2007 and the second during 2010-2011.Ivory Coast is a republic with a strong executive power invested in its President. Through the production of coffee and cocoa, the country was an economic powerhouse in West Africa during the 1960s and 1970s. Ivory Coast went through an economic crisis in the 1980s, contributing to a period of political and social turmoil. Changing into the 21st-century Ivorian economy is largely market-based and still relies heavily on agriculture, with smallholder cash-crop production being dominant. The official language is French, with local indigenous languages also widely used, including Baoulé, Dioula, Dan, Anyin, and Cebaara Senufo. In total there are around 78 languages spoken in Ivory Coast. The main religions are Islam, Christianity (primarily Roman Catholicism), and various indigenous religions.
Daniel Kablan Duncan?Prime Minister?
(President of National Assembly of Ivory Coast)
Albert Toikeusse Mabri
(Minister of Foreign Affairs)
The West African CFA franc (French: franc CFA;Portuguese: franco CFA or simply franc, ISO 4217 code: XOF) is the currency of eight independent states in West Africa: Benin, Burkina Faso, Guinea-Bissau, Ivory coast, Mali, Niger, Senegal and Togo. These eight countries have a combined population of 105.7 million people (as of 2014), and a combined GDP of US$78.4 billion (as of 2012). The acronym CFA stands for Communauté Financière d'Afrique ("Financial Community of Africa") or Communauté Financière Africaine ("African Financial Community").
The currency is issued by the BCEAO (Banque Centrale des États de l'Afrique de l'Ouest, "Central Bank of the West African States"), located in Dakar, Senegal, for the members of the UEMOA (Union Économique et Monétaire Ouest Africaine, "West African Economic and Monetary Union"). The franc is nominally subdivided into 100 centimes but no centime denominations have been issued.
The Central African CFA franc is of equal value to the West African CFA franc, and is in circulation in several central African states. They are both the CFA franc.
|Currency||West African CFA franc (XOF)|
|GDP / GDP Rank||87.798 Billion USD|
|GDP Growth Rate||7.4 Percent|
|GDP Per Captial||$3609.029 (PPP)|
< 1.0% Hindus
< 1.0% Buddhists
< 1.0% Jews
< 1.0% Other Religions
17.6% Voltaiques / Gur
27.5% (Dyula, Maninka)
President – Alassane Ouattara[α]
Prime Minister – Amadou Gon Coulibaly
|Website||Go to the web|
|Public Debt||48.772 Percent|
|Unemployment Rate||9.322 Percent|
|Labor Force (Occupation)||-|