Côte d’Ivoire: a land of opportunities for investors

A world leader in cocoa and cashew nuts, Côte d’Ivoire no longer wants to be limited to exporting raw products, which currently account for 50% of its exports. The national objective is now to accelerate local processing to capture greater added value. To support this shift, the State has invested heavily over the past decade in modernizing the ports of Abidjan and San Pedro, as well as in a road network that alone represents half of the UEMOA’s roads.

An attractive legal and fiscal framework

The country has strengthened its attractiveness through an updated Investment Code in September 2024. This text introduces incentive schemes for priority sectors such as agro-industry and the green industry, offering significant tax and customs advantages for projects located in rural areas. These measures aim to encourage the establishment of processing plants (cocoa, rice, fruit) and logistics activities.

The added-value challenge: the example of rubber

The industrial challenge is illustrated by the rubber sector: although the country produces 12% of the world’s rubber, it receives less than 1% of global revenues from this industry because 99% of production is exported raw. The creation of local units, such as tire manufacturing, therefore represents a huge profit potential for investors.

Positive economic indicators

Supported by private investment and soaring commodity prices (+145% for cocoa), Côte d’Ivoire shows strong economic health, with GDP growth expected at 6% in 2024, far above the global average of 2.8%. The country also benefits from privileged access to a regional market of 400 million consumers and maintains strong trade relations with Europe, Asia, and the Americas.