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West Africa: BOAD to invest 50 billion FCFA in climate projects

The West African Development Bank (BOAD) has pledged to invest about 50 billion CFA francs to support climate projects in the region. The information was disclosed by the Head of the Climate Finance Division at BOAD, Ibrahima Traoré. The financial institution is mobilizing 45 billion CFA francs to finance any structuring project, public or private, […]

“Evaluating for greater impact of the Africa 2063 Development Agenda”

The Independent Development Evaluation (IDEV) of the African Development Bank opened its biennial Development Evaluation Week on Thursday in Abidjan, Côte d’Ivoire. The two-day event focuses on the contribution evaluation can make to achieving greater development impact through learning from the past. “Learning constructively from past successes, the Bank considers mistakes and experiences critical building […]

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Côte d’Ivoire, Guinea to resolve border dispute peacefully

Côte d’Ivoire will seek to resolve peacefully a border dispute with Guinea that has seen an Ivorian village occupied by Guinean soldiers. The border dispute has fueled tensions between the two West African nations for decades. Consultations to agree on the delimitation of the disputed border inherited from the colonial era, has started in Man, […]

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Côte d’Ivoire: Speaker of Parliament mulls presidential ambition

Côte d’Ivoire’s National Council of the Union of Soroists has called on Speaker of Parliament, Guillaume Soro, to run as a candidate for the country’s 2020 elections. Soro led the Patriotic Movement of Côte d’Ivoire (MPCI) in a September 2002 rebellion against then President Gbagbo that triggered the Ivorian Civil War. Soro was also leader […]

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WAEMU: Economic activity remains strong

Economic activity remains strong in West African Economic and Monetary Union (WAEMU) as countries of the regional bloc maintain their growth momentum. Forecasts predict a GDP growth of 6.8% for 2018, an improvement in compliance with the convergence criteria. Members of the West African Economic and Monetary Union, also known by its French acronym, UEMOA, […]

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Côte d’Ivoire to build its first biomass power station from cocoa waste

Côte d’Ivoire, the world’s top cocoa producer plans to build a 60 to 70 megawatts (MW) capacity biomass power generation plant running on waste from cocoa pods. The project is part of the West African nation’s aim to develop 424 MW of biomass power generation capacity by 2030. The country produces around 2 million tons […]

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Ghana, Côte d’Ivoire to agree on cocoa export volumes from next year

Ghana and Côte d’Ivoire will jointly decide on the volume and timing of cocoa exports by August for the 2019/20 season, the head of Ghana’s Cocobod said on Wednesday. The world’s top two producers of cocoa have agreed to harmonize the forward sales of cocoa export contracts, a statement released by Ghana Cocobod and its […]

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I’m free to run again in 2020—Côte d’Ivoire’s Ouattara

President Alassane Ouattara of Côte d’Ivoire said he is free to stand for a third term in the 2020 presidential election under the country’s new constitution. Ouattara, 76, made the statement in an interview with French magazine Jeune Afrique. “The new constitution authorizes me to serve two terms starting in 2020,” Ouatara said, adding that […]

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Côte d’Ivoire: Towards a coalition of six political parties ahead of 2020 presidential elections

Ivorian head of state Alassane Ouattara on Tuesday agreed with opposition leader and former president, Henri Konan Bédié (HKB), to form a coalition of six political parties ahead of the 2020 presidential election. According to a communiqué released after the two leaders’ meeting, the President of Côte d’Ivoire and the President of the PDCI-RDA have […]

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AfDB to launch 12 new projects to support SMEs in 6 African countries

The African Development Bank (AfDB) will launch twelve new projects to support agribusiness SMEs in 6 African countries, The Bank said in a statement. The projects will be funded by the AfDB’s Agriculture Fast Track Fund (AFT) in Ghana, Ethiopia, Malawi, Nigeria, Mozambique and Burkina Faso. According to the Bank, the $28.8 million envelope will […]

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