Telecom

U.S. Eyes Business Opportunities in Côte d’Ivoire's Digital Sector

U.S. Eyes Business Opportunities in Côte d’Ivoire's Digital Sector
Wednesday, 11 December 2024 18:17

In recent years, Côte d’Ivoire has been heavily investing in digital technology and ICT, with support from partners and the private sector. These investments have made the country a key destination for businesses from Europe, Asia, and the United States.

The United States plans to strengthen trade ties and increase investments in Côte d’Ivoire. Sarah Morgenthau, the U.S. State Department’s Special Representative for Commercial and Business Affairs, highlighted these intentions during her visit to the country last week. She advocated for American companies and explored opportunities for collaboration with local stakeholders.

This visit comes as Côte d’Ivoire accelerates its digital transformation. The country aims to become a leading tech hub in the region, supported by significant government investments in the sector. For 2025, the Ivorian Ministry of Digital Affairs has been allocated CFA60.78 billion (about $97.4 million) to advance ongoing projects.

According to the Telecommunications and ICT Regulatory Authority of Côte d’Ivoire (ARTCI), as of March 31, 2024, the country had 55.4 million mobile phone subscribers, with a penetration rate of 176.6%. Mobile internet penetration stood at 95.7%, supported by 24,764 kilometers of fiber optic infrastructure. Côte d’Ivoire is ranked among nations with a "high Telecommunication Infrastructure Index (TII)" in the 2024 E-Government Survey: Accelerating Digital Transformation for Sustainable Development, scoring 0.6693 out of 1, well above the African average of 0.4534.

“In 2023, bilateral trade between the United States and Côte d’Ivoire reached $1.49 billion,” said Sarah Morgenthau. “The United States is the global partner of choice because our agreements are mutually beneficial. It’s a win-win relationship. Our partnerships build local capacity, create jobs, and support innovation,” she added.

On the same topic
Ugandan telecoms urge removal of duties on entry-level smartphones Operators say high taxes limit affordability, boost smuggling Low...
Two agreements signed on AI, training, and digital regulation Scholarships and training programs target skills development Partnership...
Morocco and Gabon signed two agreements covering AI, training and digital regulation during GITEX Africa 2026. The partnership includes fully...
Zambia’s National Road Fund Agency (NRFA) has rolled out mobile money payments across toll stations. Authorities aim to reduce congestion, limit...
Most Read
01

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
02

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
03

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
04

Nigeria, Nestlé sign MoU for dairy training center in Abuja Center to train farmers in breeding, ...

Nigeria, Nestlé partner to strengthen dairy sector skills
05

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
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.