Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

Côte d’Ivoire Eases Import Taxes on Animal Feed to Boost Livestock Production

Friday, 04 April 2025 03:20
Côte d’Ivoire Eases Import Taxes on Animal Feed to Boost Livestock Production

 (Ecofin Agency)

 

- Côte d’Ivoire has introduced a partial customs tax exemption of 7% to 15% on animal feed imports to ease production costs.

- The government is investing in infrastructure modernization and strategic projects to boost livestock and aquaculture.

- The country aims to meet 65% of its demand for animal products by 2026, up from 26.7% in 2019.

Côte d’Ivoire has announced a partial customs tax exemption ranging from 7% to 15% on imported animal feed. The measure, revealed on April 2 by Sidi Tiémoko Touré, Minister of Animal and Fisheries Resources, is part of the government’s efforts to support livestock farmers and lower production costs.

"Modernizing production, processing, and marketing infrastructure is crucial to adding value to livestock products," the minister stated. To achieve this, Côte d’Ivoire has launched several strategic programs, including the Poultry Sector Modernization Project (PMSA) and the National Slaughterhouse Installation Project (PAVCI).

The announcement comes at a time when livestock producers are struggling with soaring input costs, which account for over 60% of their total expenses, according to the ministry. Lowering import costs on essential feed ingredients is expected to boost local production, improve feed availability, and reduce financial pressure on farmers.

Côte d’Ivoire is working toward food self-sufficiency, aiming to cover 65% of its domestic demand for animal and fish products by 2026, compared to just 26.7% in 2019. Achieving this goal would significantly cut imports and save over CFA451.5 billion in foreign exchange.

As part of its 2022-2026 National Livestock, Fisheries, and Aquaculture Development Plan (PONADEPA), the government has outlined a strategy focusing on cattle, poultry, and fish farming. The plan emphasizes modernizing regulations and institutions while encouraging greater private sector involvement to ensure sustainable growth in these key sectors.

Lydie Mobio (intern)

 
 

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Mining


 
Telecom



ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.