• Ivory Coast expects a new government after the prime minister and cabinet resigned following December 27 legislative elections.
• The ruling RHDP won more than 75% of parliamentary seats as President Alassane Ouattara began his fourth term.
• The IMF expects Ivory Coast’s economy to grow 6.3% in 2025 with inflation around 1%.

Ivory Coast now awaits the appointment of a new government after the prime minister and the outgoing cabinet submitted their resignations on Wednesday, January 7, following the legislative elections held on December 27.

The resignation followed a cabinet meeting during which President Alassane Ouattara formally ended the mandates of Prime Minister Robert Beugré Mambé and his government. In a statement, the presidency said the head of state thanked the outgoing cabinet for its “contribution to the country’s socio-economic development.”

Context and near-term stakes

The December 27 legislative elections gave a large majority to the Rally of Houphouëtists for Democracy and Peace (RHDP), which secured more than 75% of the seats in the National Assembly. The vote followed Ouattara’s re-election two months earlier for a fourth term, with nearly 90% of the vote.

Beyond the composition of the next cabinet, several institutional milestones loom in the coming weeks, including the election of a National Assembly speaker and, potentially, the appointment of a vice president. Investors and observers continue to monitor these developments closely as Ivory Coast, one of the leading economies in the West African Economic and Monetary Union, posted average growth of 8.2% between 2012 and 2020, among the highest rates in Africa, according to the World Bank.

Since 2021, the economy has grown by more than 6%, and analysts expect the trend to continue in 2025. “Ivory Coast’s economy remains resilient despite persistent global uncertainty. In 2025, growth should reach 6.3% thanks to strong secondary and tertiary sectors, sustained investment and rising household incomes,” the International Monetary Fund said in December.

The IMF also forecasts average inflation of around 1% and positive medium-term prospects, supported by what it described as solid fundamentals and expected contributions from the hydrocarbons and mining sectors.