The Ivorian government announced yesterday it has revised its 2021 state budget upward. From $14.8 billion, the budget is now $16 billion.
According to authorities, this decision was necessary given “the impacts that Covid-19 has had and continues to have on the economy, and the need to improve the living environment and well-being of the population.”
While the poverty rate in Côte d'Ivoire has fallen from 44.4% in 2015 to 39.5 in 2018, according to the World Bank, it remains high. The institution urged the country to strengthen its development strategy for a better distribution of wealth. During a meeting, last month, the President of the World Bank Group, David Malpass, and the Ivorian Prime Minister, Patrick Achi, discussed issues relating to economic diversification, the need for land reforms, improving access to financing, investment in human capital, and the importance of peace and stability in the Sahel region.
For next year, Côte d'Ivoire is eyeing a $17.6 billion budget. The amount will cover 30 allocations and 150 programs.
Dorcas Loba (intern)
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...
Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...
Companies lose up to 20% of annual revenue due to poor data management, driving demand for Big Data engineers. Big Data engineers earn...
MTN Cameroon generated 9.87 billion rand (CFA321 billion) in revenue in the first nine months of 2025, up 20.4% year-on-year. The subsidiary...
Gabon launched a $180 million, 10-year conservation plan to protect 34,000 km² of tropical forests. The “Gabon Infini” program will raise...
Nigeria’s rice processors face heavy pressure as large volumes of imported white rice enter the country through Benin. Kiara Rice Mills operates...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...