Author: ISSOUF KAMAGATE

During the third quarter of 2025, the General Directorate of Taxes (DGI) of Ivory Coast mobilized around $2.08 billion, representing 96.8% of the quarterly target set at $2.15 billion, a gap of 3.2%. In the same period in 2024, revenues amounted to $1.63 billion, reflecting a 32% increase in forecasts and an actual increase of...

The General Confederation of Ivorian Enterprises (CGECI) is organizing a new edition of its dialogue forum “Facing the Employers” at the Maison de l’Entreprise in Abidjan, in the context of the ongoing election campaign until October 22, 2025. This initiative, part of the presidential election, aims to facilitate direct exchanges between Ivorian private sector actors...

The State of Côte d’Ivoire officially entered the capital of the Abidjan-PK24 Economic and Industrial Platform (PEIA PK24) on October 10, 2025, through the Caisse des Dépôts et Consignations de Côte d’Ivoire (CDC-CI) and the Caisse Nationale de Prévoyance Sociale (CNPS). This operation, formalized during a ceremony in the presence of the Minister of Commerce...

On the eve of the presidential election on October 25, 2025, the Independent Electoral Commission (CEI) of Ivory Coast specified on Tuesday, October 8, the modalities governing the electoral campaign which starts on Friday, October 10. This election will mobilize 8,727,431 registered voters, spread across the national territory and abroad, to choose between five candidates,...

In Abidjan, the African Development Bank (AfDB) and the World Food Programme (WFP) have reaffirmed their joint commitment to food security in Africa. During a meeting between Sidi Ould Tah and Rania Dagash-Kamara on Thursday, October 2, the two organizations highlighted the concrete results of a partnership that has already benefited nearly one million people....

Egyptian Minister of Investment and Foreign Trade, Hassan El-Khatib, announced at an economic forum focused on investment and trade prospects in Egypt on Tuesday, October 7, that his country aims to increase its foreign direct investment (FDI) flows by 20 to 30% by the end of 2025, to reach around $12 billion. Currently, annual FDI...

Egypt’s real estate exports reached a record level in 2025, totaling $1.5 billion, compared to $500 million in 2024, representing a 200% growth in one year. According to Tarek Shoukry, president of the Real Estate Development Chamber of the Federation of Egyptian Industries, as reported on Sunday, October 5 by a local newspaper, this expansion...

The air cooperation between Côte d’Ivoire and Mali takes a new step forward with the official opening, on October 1, 2025, of the regular Bamako-Abidjan route operated by Sky Mali. This initiative marks a new stage in the revitalization of West African regional connections, contributing to strengthening connectivity between two major economic capitals of the...

On September 19 in Abidjan, the African Development Bank (AfDB) and Bridge Bank Group Ivory Coast formalized a financing agreement totaling €30 million. This initiative, structured around several financial instruments, aims to strengthen the role of small and medium-sized enterprises in the national economy and improve access to credit for companies led by women. The agreement is based on three complementary components: a subordinated loan of €10 million to strengthen the capital base of Bridge Bank CI, a €10 million guarantee for international trade, and a €10 million portfolio guarantee specifically focused on companies led or owned by women. This…

The Francophone Employers’ Confederation (APF) officially inaugurated its new president, Ahmed Cissé, elected on July 21, 2025 for a two-year term, renewable once. The handover ceremony took place on September 17 at the Embassy of Romania in Paris, in the presence of his predecessor, Geoffroy Roux de Bézieux, and a hundred guests, including many Francophone...

On September 16, 2025, Ivory Coast concluded a regional Compact with the United States totaling $322 million, including $300 million (168 billion CFA francs) funded by Washington and $22.5 million provided by the Ivorian government. The signing, presided over by Prime Minister Robert Beugré Mambé at the Auditorium of the Prime Minister’s Office, brought together Jason Small, Vice President of the Millennium Challenge Corporation (MCC) for Operations, and Adama Coulibaly, Minister of Finance and Budget, who signed the agreement aimed at strengthening Ivory Coast’s role as a regional energy hub. This new regional Compact follows the $536 million bilateral Compact…

The Egyptian construction and real estate sector has solidified its position as the main driver of foreign direct investment (FDI) attraction, generating $35.8 billion during the 2024 fiscal year, according to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). This result, largely driven by the historic Ras El Hekma agreement, represents nearly 76% of net FDI inflows. Speaking at the 3rd edition of the “The Investor… Real Estate” conference, held on September 16, 2025 in Cairo, Mr. Heiba emphasized that this momentum is accompanied by a 20% year-on-year increase in the number of newly established…

BNI Gestion, a subsidiary of the National Investment Bank (BNI) specializing in asset management, officially relaunched its Mutual Fund (FCP) “Dynamic Savings” on the market on Monday, September 15, suspended since 2017. This relaunch is presented as a strategic turning point for the company, which “aims to consolidate its role as a savings catalyst” and...

In parallel with the Intra-African Trade Fair (IATF 2025), the CEO of Ivory Coast Export, Kaladji Fadiga, launched the “Ivory Coast Trade Opportunities” initiative. As an economic showcase, this platform aims to connect investors and local businesses in the context of the African Continental Free Trade Area (AfCFTA). With 40% of the GDP and 42%...

The African factoring market continues its growth momentum with a 1.3% increase in transaction volume, rising from 47,481 million euros in 2023 to 50,270 million euros in 2024, according to Factors Chain International (FCI), an umbrella organization bringing together factoring companies worldwide. Who presented its report on September 7, 2025 in Algiers (Algeria). A trendy...

During the 4th edition of the Intra-African Trade Fair (IATF 2025) in Algiers, the outgoing president of the African Export-Import Bank (Afreximbank), Benedict Oramah, highlighted on Friday, September 5, the key role of the African diaspora worldwide in the success of the Africa Trade and Distribution Company (ATDC), a joint initiative of Afreximbank, Arise IIP,...

The fourth edition of the Intra-African Trade Fair (IATF 2025) opened in Algiers on September 4, 2025, in the presence of many heads of state, African and Caribbean officials, as well as leaders of international institutions. More than 6,000 people attended the opening ceremony at the International Conference Center (CIC) “Abdelatif Rahal.” In their speeches,...

The 4th edition of the Intra-African Trade Fair (IATF 2025), organized by the African Import-Export Bank (Afreximbank) in partnership with the African Union (AU) and the Secretariat of the African Continental Free Trade Area (AfCFTA), opened on Thursday, September 4th in Algiers, Algeria. The event, located on the Mediterranean coast in a city with over...

The International Air Transport Association (IATA) has officially appointed Thomas Reynaert as Senior Vice President, External Affairs, effective September 1, 2025. Based in Brussels, his mission will be to lead and harmonize the organization’s advocacy efforts with governments and regulators worldwide. This strategic choice reflects IATA’s desire to consolidate its influence in the face of...

United Bank has unveiled a new strategic vision aimed at strengthening its position in the Egyptian banking market, marked by increased competition. In his first public statement since taking office, CEO Tarek Fayed presented a comprehensive plan aligned with Egypt’s Vision 2030. This strategy, he says, aims to support national economic development priorities by focusing...

SUNU Assurances Ghana LTD, one of the country’s leading general insurance companies, has announced the appointment of engineer Osman Danfodio Abudu as Chief Executive Officer, effective July 22, 2025. This decision, formalized by a statement released in Accra, marks a strategic milestone for the company, which aims to strengthen its position in the insurance sector...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a program aiming to mobilize at least $60 billion in investments by 2030. The goal is twofold: to develop the gas sector and increase the national refining capacity by an additional 500,000 barrels per day, said Bashir Bayo Ojulari, the group’s managing director, on Thursday,...

The General Directorate of Hydrocarbons announced, in its official note for the period from September 1st to 30th, 2025, a decrease in pump prices for unleaded gasoline, diesel, and lamp oil. These adjustments are part of the automatic mechanism for setting hydrocarbon prices, which takes into account the evolution of international prices. Thus, the price...

President Abdelmadjid Tebboune of Algeria has appointed Sifi Ghrieb as interim Prime Minister on Thursday, August 28, according to an announcement made by the public television. He succeeds Nadir Larbaoui, whose time as Prime Minister was short-lived, after replacing Aïmene Benabderrahmane on November 13. Sifi Ghrieb, a chemist by training, has previously held the position...

MTN Côte d’Ivoire, through its subsidiary specialized in financial services, is removing deposit and withdrawal fees. This decision, announced on Thursday, August 28th by MTN Mobile Financial Service, is part of a strategy to strengthen its positioning and increase its competitiveness in a market marked by strong competition since the arrival of new players. The...

The United States Embassy in Ivory Coast announced on August 26, 2025, the approval by the Export-Import Bank of the United States (EXIM Bank) of a $66 million financing (39.6 billion FCFA). This loan is intended to support the construction of Ivory Coast’s first National Data Center, under the supervision of the Ministry of Digital...

In the night from Sunday, August 24 to Monday, August 25, 2025, the village of Difita, located in the north of Ivory Coast, on the border with neighboring Burkina Faso, was the scene of a violent attack carried out by unidentified armed individuals. According to a statement from the Ivorian Armed Forces (FACI), around 2...