Via The Economist, an article on a brave and high-tech attempt to export nuts: The lowly cashew is globalisation in a nutshell. The route from cashew tree to tasty snack follows a peripatetic journey. More than half of the world’s cashew nuts are grown in African countries. Most are exported raw, mainly to Vietnam, for shelling […]
Read more »Via The Economist, a report on Cote d’Ivoire: His parents moved to Ivory Coast in the 1980s, towards the end of a period of exceptional economic growth that economists dubbed the “Ivorian miracle”. They came to work, drawn by the country’s openness and wealth. Bernard Ayitee, a 38-year-old hedge-fund manager who combines Nigerian, Beninois, Togolese and […]
Read more »Via South China Morning Post, a look at China’s impact on the cocoa market: In the heart of West Africa, where the world’s finest cocoa beans are cultivated, Chinese investment has built new processing factories in Ivory Coast and Ghana. On the outskirts of Abidjan, Ivory Coast’s economic capital, China Light Industry Nanning Design Engineering […]
Read more »Via The Africa Report, a look at how – across the West African Economic and Monetary Union – governments are tightening mining regulations to boost revenue for development. But as Côte d’Ivoire, Mali and Burkina Faso push reforms, investor confidence and regulatory stability are at risk. Fiscal and legislative reforms are sweeping through the mining […]
Read more »Via IMF, commentary on Côte d’Ivoire’s economy: Côte d’Ivoire has become a pillar of growth and stability for the region, thanks to its impressive economic resilience and commitment to reform, but efforts to address certain challenges need to be maintained. The Ivoirien economy has performed strongly over the past decade, with GDP growth averaging 6.4 […]
Read more »Courtesy of The Africa Report, a look at how the West African nation of Côte d’Ivoire is emerging as a regional hub for American investment as former colonial power France exits: Move over, France. As Côte d’Ivoire’s relations with its former colonial master have continued to deteriorate, culminating with last week’s decision to expel the 600 French […]
Read more »