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.
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...
Madagascar is going through one of the most turbulent periods in its recent political history. After...
Government aims to repeal long-standing VAT on exploration to revive investor interest Move comes as Côte d’Ivoire and Guinea attract more...
Sub-Saharan Africa got just 2.3% of global renewable energy investment in 2024 Region needs $129B to meet 2035 targets; 61% depends on...
Despite broad mobile coverage, about 70 % of unconnected Africans live in covered areas World Bank and governments push new focus on...
Signed MoU with Guinea, held talks with Côte d’Ivoire and Germany $1.8B digital strategy targets 500 startups, 150,000 jobs by 2034 Senegal has...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...
The Okapi Wildlife Reserve, located deep within the Ituri Forest in the northeastern Democratic Republic of Congo, stands as one of the Congo Basin’s most...