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.
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...
ECOWAS launched the second phase of PAMCIT to expand training in translation and conference inte...
IFC to provide strategic advisory support to help MOPO enter new markets MOPO relies on a pay-as-you-go solar battery rental model across six...
Environmental study confirms a 2026 start for the first 500 MW phase Project includes 1000 MW of solar capacity and 200 MWh of storage Egypt...
AEE Power plans a 14.04 MW hybrid mini-grid for the city Network to include solar, battery storage, and backup thermal generation System...
Army general Horta N’Tam is sworn in as transition president for one year Ceremony follows a military coup and arrests of top political and...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...