Public Management

Côte d'Ivoire: Tourism’s share in GDP rose to 7.3% in 2019, from 6.25% in 2018

Côte d'Ivoire: Tourism’s share in GDP rose to 7.3% in 2019, from 6.25% in 2018
Tuesday, 18 February 2020 14:40

Provisional estimates by the Ivorian Ministry of Tourism show that the sector contributed about 7.3% to the country's GDP in 2019, against 6.25% in 2018. Figures were reported by the Minister of Tourism Siandou Fofana (pictured), on February 17, during a press briefing on the launch of the first UNWTO forum on tourism investment in Africa, which Abidjan will host from 20 to 22 February 2020.

The number of tourist arrivals in Côte d'Ivoire reached 4.2 million people in 2019, compared with just over 3 million in 2018. Revenues from the sector reached about CFA1,500 billion (about $2.4 billion) in 2019, against CFA1,114 billion (about $1.8 billion) in 2018.

Authorities intend to increase the share of tourism in GDP to about 8% by 2025 through the national tourism development strategy 2018/2025 called “Sublime Côte d'Ivoire.” Initial investment for this initiative is valued at CFA3,200 billion (about $5.4 billion).

André Chadrak

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Gabon plans to raise up to CFA331 billion in domestic debt in early 2026 The revised target is about 43% higher than initially...
Africa looks smaller in SG’s 2025 accounts mainly due to subsidiary sales, not a collapse in demand or operating activity. SG exits some markets...
Proparco has invested in Helios Climate Fund, managed by Helios Investment Partners The fund has raised about $250 million after a second...
Sunu Assurances Nigeria plans an urgent capital increase to meet new NAICOM thresholds Nigeria raised minimum capital requirements for insurers and...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...

African Startup M&A Hits Record 67 Deals in 2025, Led by Fintech
03

Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...

Crypto Sovereignty Was CAR’s Goal. A Report Says Crime Risks Took Hold Instead
04

Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are schedule...

Royal Air Maroc to lease 13 Boeing 737-8 jets from DAE as fleet expansion continues
05

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.