Trade between Ivory Coast and China have almost increased sixfold over the past two years. This was disclosed by the Ivoirian minister of Trade, Craftsmanship and SME support, Souleymane Diarrassouba (photo), who highlighted that the trade soared to $8.85 billion in 2016, from $1.44 billion in 2014.
According to the official, the figures make “China Ivory Coast’s first supplier and third trade partner”. While talking at the launch of the Chamber of Commerce of Chinese Companies in Ivory Coast (Chambre de commerce des entreprises chinoises de Côte d’Ivoire or CCEC), the minister added that the new entity will help “boost bilateral trade between the countries and promote sharing of knowledge and technologies that will benefit them both, as well as improve partnership with the Ivorian private sector”, Xinhua reports.
CCEC regroups 40 Chinese companies that operate in various sectors, ranging from ICT to Energy.
Aaron Akinocho
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...
• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo...
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...
• Kenyan President William Ruto signs strategic partnership with UK Prime Minister Keir Starmer to b...
• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector cou...
• Nigerian Clarion Shipping West Africa Limited debuts vessel aimed to service the cabotage market in the country, and potentially beyond. • The move...
• Kamoa-Kakula, DRC's largest copper mine, boosts production by 31% to 245,127 tonnes in H1 2025, despite a temporary halt in operations in...
• The African Free Trade Area (AfCFTA) adjustment fund grants a $10 million loan to Telecel Global Services to boost digital connectivity and...
PAPSS launches platform performing direct currency conversion and fostering economic integration across Africa. The continent loses about $5...
Located about 40 kilometers from Cape Town’s city center, Boulders Beach in Simon’s Town is one of the Cape Peninsula’s most iconic destinations. This...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...