Côte d'Ivoire aims to achieve average economic growth of 7.65% between 2021 and 2025, in line with its National Development Program (NDP). To attain this goal, the government is stepping up measures to accelerate the structural transformation of the economy.
The Ivorian government is preparing the construction of a new industrial zone in San Pedro, in the southwest of the country. According to information reported following the Ministers’ Council last March 9, the project will cover nearly 540 ha.
“The holders of customary rights, final title to the project rights-of-way, tenants or their assigns will receive compensation according to the regulations in force. Also, any transaction, any new construction, even precarious, any work likely to change the state of the soil, relating to this area are prohibited,” the statement reads.
The construction of this new industrial zone is part of the implementation of an agreement between the Ivorian government and the Arise Ivoire group, signed on 25 August 2020, in Abidjan. The agreement concerns the establishment of three industrial-economic centers in Akoupé Zeudji (Abidjan), San Pedro (southwest), and Ferkessédougou (north) for nearly $1.7 billion. Once completed, the San Pedro industrial center will be the third in operation after those of Yopougon and Akoupé Zeudji.
As a reminder, on May 11, 2021, the Ivorian Minister of Trade and Industry, Souleymane Diarrassouba, launched the Project to Improve Services to Industries in Côte d'Ivoire (PASI-CI). The project is backed by the African Development Bank (AfDB) Group and aims to help the beneficiary “mobilize funds from technical and financial partners for the industrial sector.”
Jean-Marc Gogbeu, intern
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...
Rwanda ranks first in Africa in the World Bank’s Business Ready 2025 with a score of 67.94. Benin and Senegal enter Africa’s Top 10 for the first time...
Acumen closed a $250 million blended-finance raise for off-grid electricity in sub-Saharan Africa. The H2R Amplify debt fund reached $180...
Ivory Coast expects a new government after the prime minister and cabinet resigned following December 27 legislative elections. The ruling RHDP won...
West African Resources produced 205,228 ounces of gold at Sanbrado in 2025, within its guidance range. Total Burkina Faso output from Sanbrado and...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...