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
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Côte d’Ivoire set become world’s third-largest rubber producer Plans add 500,000 hectares by 2036 Rubber export revenue rose to 1.49 trillion CFA...
Gambia world’s top rice consumer at 256 kg per capita Rice provides 75% rural caloric intake Country imports nearly 80% of rice consumption Rice...
Congo launches paving of 542-km Corridor 13 section Four-year project links Brazzaville to regional capitals Road aims boost trade, support AfCFTA...
Egypt’s CSAG signs JV deal to operate vessels New line to link Egyptian and East African ports Move supports export growth, intra-African trade...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...