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.
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
This week in Africa, Africa CDC continues its clinical trial on mpox, while a new study highlights l...
Fitch revised Benin's outlook to Positive (B+), citing 7.5% growth and a debt-to-GDP ratio projected to fall to 49.8% by 2027. Despite growth, GDP per...
Plan targets safety, infrastructure, and skills development through 2045 Sector remains weakened by post-war underinvestment and low oversight...
Caledonia seeks $125 million to finance gold operations in Zimbabwe Funds will support Bilboes development and ongoing Blanket...
Senegal plans to launch second satellite, GAINDESAT-1B, in 2026 Satellite builds on GAINDESAT-1A’s environmental and monitoring...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...