Details Members Countries

Cote d’Ivoire

Overview

Population 24,184,810 (July 2017) World Fact book
Independence August 7, 1960 Independence from France
Languages French (official), Dioula
Form of government Republic
GDP (2017) $39.91.billion; per capita (2014): $3.900


Background

Cote d’Ivoire, a West African country bordered by Liberia, Guinea, Mali, Burkina Faso, and Ghana, gained its independence from France in 1960. Political turmoil and violence plagued the country from 1999 to 2007, when a peace agreement ended civil conflict. Civil war again broke out from 2010 to 2011 after two competing presidential candidates both claimed victory.
AlassaneOuttara was the internationally recognized winner of the 2010 presidential elections, but then-current President Lauren Gbagbo refused to cede power. A four-month standoff between forces loyal to each candidate caused the death of 3,000 people; the conflict ended in 2011 after French and Ivorian troops overtook the south of the country and arrested President Gbagbo
Since 2013, political dialogue between the leading political party and the opposition party has improved dramatically, and conditions have stabilized. Cote d’Ivoire is the second largest economy in West Africa, and its stability in recent years has led to strong economic growth.

Government Title Name
President H.E. Alassane Dramane OUATTARA
Vice President H.E. Mr. Daniel Kablan DUNCAN
Prime Minister H.E. Amadou Gon COULIBALY
Minister of Economy and Finance H.E.Mr. AdamaKone
Minister of Planning and Development H.E. Ms.KabaNiale
g7+ Focal Point Mr.ZahanonMarcelinCisse

New Deal Implementation

Cote d’Ivoire has been a member of g7+ since 2010. Cote d’Ivoire conducted a national awareness raising campaign on New Deal principles and implementation in 2013, and established a network of local civil society platforms contributing to implementation efforts, including to the development of country indicators for the national Fragility Assessment and to capacity building across civil society.



Governance

The chief of state is the president, who is elected for a five-year term (with no term limits). The head of government is the prime minister, who, along with the Council of Ministers, is appointed by the president. The last presidential election held on 25 October 2015 and next to be held in 2020); prime minister appointed by the president; note – the 2016 constitution limits the presidential tenure to 2 terms beginning with the 2020 election; the vice president is named by the president

The unicameral parliament is the National Assembly, which has 225 members. Members are directly elected to serve five-year terms. The last parliamentary elections took place on 18 December 2016 and the next elections are scheduled for 2021. The current governing party holds about half of the seats in parliament, and the main opposition party holds about one-third of the seats. Remaining seats are held by other opposition and independent parties. Municipal councils are directly elected for five-year terms, and local officials are indirectly appointed.



Socioeconomic Status

Cote d’Ivoire’s recent conflicts have prevented significant progress in socioeconomic development. Employment is low and income inequality and poverty rates are high, but improving following the conclusion of the 2011 crisis. Food and housing shortages are common in both urban and rural areas. Delivery of social services, strengthened land tenure policies, and security and judicial sector reform are priorities of both government and development partners.
Cote d’Ivoire’s National Development Plan 2016-2020 reinforces the idea that Côte d’Ivoire should establish its emergence on structural transformation based on accelerated industrialization. The overall outcome of NDP 2016-2020 is: “Côte d’Ivoire is an emerging country by 2020 witha strong industrial base.” Côte d’Ivoire intends to draw on pillars derived from the strategic analysis, namely: (1) the quality of institutions and governance in all its forms; (2). Availability of quality human capital to build a prosperous and emerging Côted’Ivoire; (3). Changes in production and consumption patterns so as to build emergence; (4). Development of strategic infrastructure to serve as lever for emergence in linewith environmental sustainability principles; and
(5). Beneficial integration into the regional and global trade networks.



Investment Climate

Cote d’Ivoire is the second largest economy in the West African region. Its economy has grown rapidly in recent years due to infrastructure development and regulatory reforms. In 2014 and 2015, it was ranked among the 10 best reformers in the annual World Bank Doing Business Report. Agricultural goods are its primary exports, including cocoa, cashew nuts, rubber, and palm oil. Other growing sectors of foreign investment are oil and gas, housing construction, and mining. Constraints to private sector growth include weak land tenure laws, customs delays, and occasional outbreaks of crime and violence, though the frequency of such outbreaks is declining.

The government has invested significant resources in developing infrastructure to facilitate private investment. In the following decade, expansions are planned for power generation facilities, electricity transmission and distribution, and transportation infrastructure. The environment for small business development is supportive; Cote d’Ivoire’s investment promotion center has been lauded by international partners for its success in creating a “one-stop shop” for firms seeking to invest in the country. It is a signatory to the Kimberley Process and the Extractive Industries Transparency Initiative (EITI).