The African Development Bank (AfDB) announced Monday the approval by its board of directors of two loans valued at €165 million earmarked for the implementation of the Diversification, Industrial Acceleration, Competitiveness and Employment (DAICE) Program, an important aspect of the country’s National Development Plan 2021-2025. The first loan is worth €120 million and the second […]
Tag: Cote d’Ivoire
Australian Desert Metals acquires gold and lithium mine fields in Cote d’Ivoire
Desert Metals, a mining company listed in Australia, has acquired Côte d’Ivoire-based CDI Resources Limited (CDI) that controls seven gold and lithium projects in the West African country. CDI, through its subsidiaries CDI Minerals and CDI Lithium, holds interests in seven gold and lithium projects. The projects, 2,769km² in landmass coverage, comprise granted mineral permits […]
Côte d’Ivoire: Soro can return home, up to justice to decide over his fate – Ouattara’s administration
The Ivorian government indicated Thursday that former Prime Minister Guillaume Soro is free to return home but it is up to the justice to decide over the destiny of former rebel leader, condemned to life imprisonment in absentia for plotting and attempting to remove the administration of President Alassan Ouattara in 2019. Soro this month […]
Côte d’Ivoire launches Lobo gold mine expected to generate $259m in proceeds
Australian gold explorer and developer company Tietto Minerals has inaugurated a gold mine in Côte d’Ivoire for a total investment of $278 million. The mine is expected to generate $259 million revenues for the Ivorian State, ‘Sika Finance’ reports. The mine dubbed Lobo is named after the river housing it. It is situated in Daloa […]
India lifts ban on rice export to seven countries including Côte d’Ivoire, Cameroon, Guinea, Seychelles
India has validated exports of rice to seven countries including Côte d’Ivoire, Cameroon, Guinea and Seychelles several months after banning the export of the crop in view of meeting the needs of the domestic market and reducing increasing prices. Per the decision to lift the ban, ‘Sika Finance’ reports, India will send 1.34 million tons […]
President Alassane Ouattara rubber-stamps 32-member Cabinet
Côte d’Ivoire’s President Alassane Ouattara validated Tuesday October 17 a Cabinet of 32 members proposed by new Prime Minister Robert Beugré Mambé appointed Monday October 16 and tasked to form a new government. Abdourahmane Cisse, the General Secretary of Ouattara’s office, indicated the lineup includes three State ministers and four newcomers. The State ministers are […]
President Alassane Ouattara appoints Robert Mambé Beugré new Prime Minister
Cote d’Ivoire’s leader Alassane Ouattara appointed Monday October 16 Robert Mambé Beugré (the governor of Abidjan Autonomous District) as the country’s new Premier in a replacement of Jérôme Patrick Achi who held the position for two years. Ouattara signed the decree as he received the 71-year old man in his office Monday. “On Monday October […]
Côte d’Ivoire: Top diplomat elected Senate speaker
Kandia Camara, Côte d’Ivoire’s Foreign Minister, was elected Thursday October 12 Speaker of the country’s Senate, the first time a woman will lead the upper house of the country’s legislature. The 64-year-old diplomat landed 91 votes out of 97. She was appointed member of the house Monday October 9 by the country’s leader Alassane Outtara. […]
West’s waning influence in Africa laid bare as France announces withdrawal from Niger
France’s decision to withdraw its ambassador and military forces from Niger, the West’s last key ally in the central Sahel region, amid a wave anti-French sentiment, are yet another blow to Paris’s influence in its former African colonies, laying bare Europe’s weakening influence in the continent, analysts and diplomats say. President Emmanuel Macron’s announcement on […]
IsDB grants Côte d’Ivoire $195m credit facility for road construction project
Côte d’Ivoire has received from the Islamic Development Bank (IsDB) a financing credit worth $195 million for the construction of a 74km-long road inscribed in the National plan of development, Sika reports. The credit line will finance Bouake-Darakokaha express road, a section of the planned 1,300 km long road project Abidjan-Ouagadougou (Burkina Faso), to cost […]









