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
The draft “Digital X.0” law sets a legal framework for AI integration in Morocco. It focuses on data governance, digital identity, and...
FAO is supporting Zimbabwe's deployment of solar-powered irrigation, digital early-warning platforms, and Digital Villages Initiative. The EOSTAT...
The new bill modernizes the 2015 electronic signature framework. It gives full legal value to digital documents and transactions. A national digital...
GSMA, the global association of mobile network operators, unveils projections for Uganda’s digital growth. Uganda could create 1.79 million jobs...
Most Read
01

Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...

Tunisia to Build First Fully Digital Hospital in National Health Overhaul
02

Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...

Lukoil Agrees to Sell International Assets, African Included, to Swiss Commodities Trader Gunvor
03

With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...

With Costs High, IRENA Urges Global Pact to Quadruple Sustainable Fuel Production
04

Indian bottler VBL signs exclusive deal to test Carlsberg sales in Africa Move aims to diversify ...

Varun Beverages partners with Carlsberg to enter Africa’s beer market
05

Annual consumer-price inflation slowed to 11.9 % in October, the weakest reading since April,...

Zambia’s Inflation Retreat Extends to Six Months as Policy Mix Gains Traction
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.