Public Management

Côte d’Ivoire Eases Import Taxes on Animal Feed to Boost Livestock Production

Côte d’Ivoire Eases Import Taxes on Animal Feed to Boost Livestock Production
Friday, 04 April 2025 03:20

 (Ecofin Agency)

 

- Côte d’Ivoire has introduced a partial customs tax exemption of 7% to 15% on animal feed imports to ease production costs.

- The government is investing in infrastructure modernization and strategic projects to boost livestock and aquaculture.

- The country aims to meet 65% of its demand for animal products by 2026, up from 26.7% in 2019.

Côte d’Ivoire has announced a partial customs tax exemption ranging from 7% to 15% on imported animal feed. The measure, revealed on April 2 by Sidi Tiémoko Touré, Minister of Animal and Fisheries Resources, is part of the government’s efforts to support livestock farmers and lower production costs.

"Modernizing production, processing, and marketing infrastructure is crucial to adding value to livestock products," the minister stated. To achieve this, Côte d’Ivoire has launched several strategic programs, including the Poultry Sector Modernization Project (PMSA) and the National Slaughterhouse Installation Project (PAVCI).

The announcement comes at a time when livestock producers are struggling with soaring input costs, which account for over 60% of their total expenses, according to the ministry. Lowering import costs on essential feed ingredients is expected to boost local production, improve feed availability, and reduce financial pressure on farmers.

Côte d’Ivoire is working toward food self-sufficiency, aiming to cover 65% of its domestic demand for animal and fish products by 2026, compared to just 26.7% in 2019. Achieving this goal would significantly cut imports and save over CFA451.5 billion in foreign exchange.

As part of its 2022-2026 National Livestock, Fisheries, and Aquaculture Development Plan (PONADEPA), the government has outlined a strategy focusing on cattle, poultry, and fish farming. The plan emphasizes modernizing regulations and institutions while encouraging greater private sector involvement to ensure sustainable growth in these key sectors.

Lydie Mobio (intern)

 
 

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector could grow to $20 bln annually and create 20 mln...
• BRICS plans a guarantee fund to reduce political and financial risks in developing countries.• The fund will be managed by the New Development Bank...
BEAC granted Afreximbank the first-ever foreign access to the CEMAC public securities market. Cameroon raised $359.3 million via a...
(EBID) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 92nd Ordinary Session on June 30, 2025. The Board...
Most Read
01

• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...

Coffee: Global Consumption Expected to Reach Record Level in 2025/2026
02

• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo...

Algeria Awards Commercial 5G Licenses
03

• Kenyan President William Ruto signs strategic partnership with UK Prime Minister Keir Starmer to b...

William Ruto in London: New Agreement Aims to Double Kenya-UK Trade by 2030
04

• Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société ...

Burkina Faso: Vista Group Acquires Controlling Stake in Société Générale
05

• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector cou...

IFC Plans Investment Fund to Help Grow African Film Industry
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.