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Political, Business, and Investment Outlook for Côte d'Ivoire—2012 and Beyond
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| Wednesday, 28 December 2011 14:39 | |
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Political, Business, and Investment Outlook for Côte d'Ivoire—2012 and Beyond
For a country that has just been through a dozen years of strife and violence, cops d'etat, and armed uprisings, needing the involvement of the United Nations and the arrival of thousands of international forces to prevent bloodshed, which all led to a bloody five-month civil war, it is not possible to give the same kind of economic facts and statistics that have been given in previous Marcopolis Country Reports. This is because, for the past six months, since the new government was re-establishe—by the inauguration on May 21st of the new president elected the previous November—Côte d'Ivoire has been struggling to raise itself up from the chaos of war, to re-establish order and functioning government, and to restart its economy. 
The problem of giving an adequate picture of the country is further complicated by the fact that for the previous decade—from as far back as 1999—the economy has not been able to demonstrate either its once existing dynamism or its true potential. Therefore, let us begin this Report by giving the best picture that we can of a country that, if it does restore government and good order, is likely to become one of the brightest destinations for investor capital in Africa. Between September and December 2011, Marcopolis interviewed 28 business and governmental leaders in Côte d'Ivoire to get their views on the economic and political outlook for business and investment in Côte d'Ivoire in 2012 and beyond. In these interviews, they also outlined their own company's, agency's, or industry's plans for the near future. 
Those interviewed include ministers of the new government that took office after the end of the civil war that rocked the country from November 2010 to April 2011; including; leaders of trade or business associations, and corporation presidents, CEOs and managers. It is, therefore, the purpose of this Marcopolis Country Report to present their views and outlook for the future. Before proceeding to their responses to our questions, however, let me present as much of the background and essential facts as possible in a brief report, so that the reader will be able to appreciate the observations and insights of Côte d'Ivoire's top business and governmental leaders.
2011, beyond, business, business investment, civil, civil war, country, economy, future, government, interviewed, leaders, marcopolis, marcopolis country, outlook, outlook future, political, previous, report, war Related Articles Bahrain Videos Fatal Flaws of the Regimes in the Middle East and in Bahrain: Video Interview with Dr. Farid Al Mulla, CEO of Oasis Capital Bank ... Bahrain Videos Financing, Plans and Strategy for Bahrain Financial Harbour in 2011: Video Interview with Omar Al Mardi, Managing Director of Bah... CEO of Casablanca Stock Exchange, Karim Hajji For 2011 I think the market will see a 15% rise after a 22% rise in 2010. We also expect to see... HSBC views better 2012 economic outlook for Middle East especially for regional oil producers with expansive fiscal stance. ... |
Daniel Kablan Duncan: Foreign Relations Of Côte d'Ivoire
H.E. Daniel Kablan Duncan, Minister of Foreign Affairs of Côte d'Ivoire Côte d'Ivoire's foreign policy revolves around the values of dialogue, peace, and cooperation with the rest of the world. President Félix Houphouët-Boigny emphasized that dialogue is the weapon of the strong, not the weapon of the weak. Problems need to be solved through dialogue. Côte d'Ivoire should be the place where problems are solved. |
ICT Sector Côte d'Ivoire
H.E. Bruno Nabagné Kone, Minister of Post and ICT of Côte d'Ivoire ICT in Côte d'Ivoire has a relatively mixed status in the country's economy. There has been a very strong evolution over the past fifteen years. The penetration rate is now approaching seventy-five percent which is relatively high compared to the African average. GSM remains to be the main communication tool. The country is lagging behind in the issue of Internet. |
Chamber Of Commerce And Industry Côte d'Ivoire
Jean-Louis Billon, President of Chambre de Commerce et d'Industrie de Côte d'Ivoire and SIFCA - Biography Mr. Billon of Chambre de Commerce et d'Industrie de Côte d'Ivoire talks about the recent crisis in Côte d'Ivoire and its consequences on the commerce and industry in the country that was ahead of Morocco, Tunisia and even Singapore in the period between 1960 and 1985. Côte d'Ivoire is now working on the new investment goals; the last one dates back to 1995. |
UEMOA And Commerce in Côte d'Ivoire
H.E. Dagobert Banzio, Minister of Commerce of Côte d'Ivoire Côte d'Ivoire is a member of the ECOWAS/UEMOA. The ECOWAS/UEMOA membership benefits include free trade and free circulation of goods and people. The UEMOA functions like one unique state even though there are many countries. Also, Côte d'Ivoire has excellent relations with Nigeria which should result into a new era of economic cooperation on a the sub-regional level. |
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