Trade between Côte d'Ivoire and China saw a 21% increase in 2023, reaching $5.28 billion, according to the Chinese ambassador to Côte d'Ivoire, Wu Jie. Speaking at a press conference in early April, the ambassador cited Chinese customs statistics which indicated that exports from China to Côte d'Ivoire totaled $4.21 billion last year, while imports from the West African nation amounted to $1.07 billion, marking a 10.6% increase from 2022.
These imports were primarily rubber, cocoa, and their derivatives, the Chinese representative said, explaining that "China was the top trading partner of Côte d'Ivoire in 2023, and the trade prospects between the two countries look promising”.
Côte d'Ivoire, which was visited by Chinese Foreign Minister Wang Yi during his African tour in mid-January 2024, has emerged as one of Beijing's principal economic allies in West Africa. As a leading member of the West African Economic and Monetary Union (UEMOA), Côte d'Ivoire has attracted substantial Chinese investment in key infrastructure projects. Notable initiatives include the Soubré Hydroelectric Power Station, Abidjan's 4th Bridge, the University of Bondoukou, and the Cocoa Processing Plant in Abidjan.
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...
African insurance market seen reaching $166.1 billion by 2034 Growth driven by digitalisation, reforms, and financial inclusion efforts AI,...
Côte d’Ivoire, Guinea boost education ties for job integration Focus on teacher training, governance, and technical education reforms Cooperation...
Solar dominates renewables, reaching 47% of global capacity in 2025 Falling costs drive growth, solar now cheaper than fossil fuels Expansion led by...
Mauritania launches SME support desk to boost jobs Program helps firms access financing, training, and credit Initiative targets youth unemployment...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...