Ivory Coast has a growing economy and strong traditions in diversified agriculture. The country is already the world’s top exporter of cocoa and is a key supplier of cashew nuts and coffee in addition to palm oil.
- Developed agricultural industry with a knowledgeable workforce
- Rich sub-soil and favourable climate for agriculture
- Existing commodity trading infrastructure
- 2010 elections followed by a period of unrest, which ended with the appointment of President Alassane Ouattara
- Well established palm oil industry with an estimated 250,000 hectares of oil palm plantations, but shortage of milling capacity, especially for smallholders
Ivory Coast is the world’s largest cocoa producer and the world’s third largest coffee producer. These two products alone represent more than half of the income of the country’s export. The other key products of exports are wood, rubber, palm oil and banana exports oil and gas.
Modern infrastructure is a major advantage and far exceeds that available in most areas of West Africa: land, sea (the largest port in West Africa is in Ivory Coast; the Port of Abidjan can be accessed within two hours of Ayanouan), air, electricity and communication.