• Ivory Coast industrial sector revenue up 25% by June 2025, driven by extractive, energy, and manufacturing.
• Extractive industries surged 68.3%; energy grew 9%; manufacturing rose 7.4%.
• Government targets industrialization, private sector key, with focus on value chains & SME financing.

Ivory Coast's industrial sector recorded a 25% year-on-year increase in turnover by the end of June 2025, driven primarily by strong performances in extractive, energy, and manufacturing industries, according to data released on September 2, 2025, by the National Statistics Agency. This growth underscores the government's strategy to leverage industrialization for structural economic transformation.

The extractive industries led the expansion with a 68.3% surge, fueled by increased hydrocarbon and metallic mineral extraction. The energy sector also contributed significantly, growing 9% due to robust electricity and gas production and distribution activities. Conversely, the water sector experienced a decline.

Manufacturing saw a 7.4% rise in June 2025. This was propelled by segments including tobacco products, textiles, chemicals, metallurgy, foundry products, electrical equipment, and machine repair and installation. However, some manufacturing sub-sectors, such as worked leather goods, footwear, wood articles, basketry, paper, and cardboard, reported contractions.

The environmental sector posted the slowest growth among the key drivers at 4.9%, primarily from waste collection, treatment, and disposal activities, despite a downturn in wastewater collection and treatment.

This performance builds on the industrial sector's 2024 contribution of 22.7% to the nation's Gross Domestic Product (GDP), a figure largely supported by private sector engagement, as stated by Commerce and Industry Minister Souleymane Diarrassouba. The Ivorian government aims to foster industrialization through value chain creation, promotion of national champions, and enhanced financing programs for SMEs, startups, and young entrepreneurs.

Overall, the Ivorian industrial sector's turnover for the first half of 2025 reached 23.6% year-on-year, predominantly propelled by the extractive, manufacturing, and energy sectors.

This article was initially published in French by Lydie Mobio

Adapted in English by Ange Jason Quenum