Investing civ 2016

INVESTING

INVESTING côte d’ivoire 2016

CÔTE D’IVOIRE2016

Doing Business in Africa

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g 2016

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except where otherwise mentioned. Printer: Léonce Desprez, 62620 France

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INVESTING CÔTE D'IVOIRE 2016 BANKING AND FINANCE

KEY POINTS

POLITICS & SOCIeTy

BANKING AND FINANCE

INDUSTRY

HISTORY ENERGY FOREIGN TRADE INDUSTRY AND ENERGY

SOCIETY FOREIGN TRADE

POlITICAl lIFE

SERVICES

AGRICUlTURE POLITICS AGRICULTURE

INTERNATIONAl

OIl, GAS AND MINING INTERNATIONAL

INFRASTRUCTURE SERVICES INFRASTRUCTURE

COMPANIeS & MARKeTS COMPANY lIFE

’ COMPANY LIFE

eCONOMy & BUSINeSS eNVIRONMeNT OUTlOOK

OUTLOOK

EDUCATION AND HEAlTH

TRAVeL DIARy

KEY POINTS • Growth approaching 10% per year since 2012 (10.3% in 2015).

• A determined strategy: to be an emerging market by 2020.

’

• The 2016-2020 National Development Plan targets strong growth that creates jobs, based on the promotion of industry, services and human resources.

• Security for people and goods.

• A young population (77.7% of Ivoirians are under the age of 35), a cosmopolitan nation and ongoing investment in education and health.

• Modern and continuously advancing infrastructure, especially in transport.

The electricity sector is one of the most efficient on the continent.

• A domestic market with enormous potential: 23.3 million people with a purchasing power that has increased 15% over the past three years.

RECOGNISED SKILLS

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ABIDJAN, AN AFRICAN AND INTERNATIONAL CAPITAL

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IN THE HEART OF EXPANDING MARKETS

LEGISLATION WITH INCENTIVES

INVESTMENT OPPORTUNITIES IN GROWTH SECTORS

politiCS & sociEtY

POLITICS AND SOCIETY

HISTORY

Steeped in a tradition of trade and commerce ’

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1904

TRADE FROM THE 18TH CENTURY

International trade and construction of a wharf

INVESTING

ivoir

POLITICS AND SOCIETY HISTORY

rique

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rc ives eune

A PRODUCTIVE COLONY

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1960

Independent republic

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KEY FIGURES ◗ Area: ◗ Coastline:

k

THE IVOIRIAN MIRACLE

orld

◗ Population:

d

◗ 2015 GDP: ◗ Per capita GDP:

d t

◗ Currency:

’

INVESTING

ivoir

POLITICS AND SOCIETY HISTORY

TEN TOUGH YEARS

A FRESH START

1951

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Port of Abidjan became operational

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GEOGRAPHY AND CLIMATE SUITABLE FOR AGRICULTURE ’

ff ’

INVESTING

ivoir

POLITICS AND SOCIETY

TOWNS AND CITIES Number of inhabitants over 3,500,000 from 100,000 to 1,000,000 from 50,000 to 100,000 from 20,000 to 50,000 less than 20,000

RELIEF

National Park

ALTITUDE in metres over 500

Rapids

from 400 to 500

COMMUNICATIONS Motorway Main road Secondary road Railway International Airport

from 300 to 400 from 200 to 300 from 0 to 200

INVESTING

100 km

ivoir

© Cartography: Les Éditions du Jaguar

0

13

POLITICS AND SOCIETY

SOCIETY

A society built on tolerance

hv s

u

f qu

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4.4 milliON

FOUR MAIN GROUPS OF PEOPLE ’

Population of Abidjan

INVESTING

ivoir

POLITICS AND SOCIETY SOCIETY

LANGUAGES AND RELIGIONS ’

77.3%

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Ivoirians under the age of 35

MAIN HUMAN INDICATORS ◗ Population density: 70.3/km2 ◗ Population growth: 2.6% per year

◗ Life expectancy at birth: 51 years*

INVESTING

ivoir

orl

◗ Urban/rural split: 50.3%/49.7%

except

2014 POPULATION CENSUS

ata

◗ Population under the age of 35: 77.3%

a k

◗ Population under the age of 15: 41.8 %

POLITICS AND SOCIETY

POLITICAL LIFE

A multiparty republic

© SIA KAMBOU / AFP

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Eleven parties were represented during the April 2013 regional and municipal elections.

THREE HISTORICAL FORMATIONS

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INVESTING

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f

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lv in herk oui or

LEGITIMATE EXECUTIVE POWER

255 BUILDING A SOLID JUSTICE SYSTEM PARLIAMENT PLAYS ITS ROLE

INVESTING

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f

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ESSENTIAL TO EMERGENCE

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PRESIDENT ALASSANE OUATTARA

© Vincent Fournier/JA

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Alassane Ouattara, President of the Republic.

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fi ffi ’

INVESTING

ivoir

FACTFILE

POLITICS AND SOCIETY

THE CONSTITUTION

TRADE

fi

CONSTRUCTION AND URBAN PLANNING

’ THE ECONOMIC AND SOCIAL COUNCIL

fi

ECONOMY AND FINANCE fi DIGITAL ECONOMY AND POST THE FLAG OMBUDSMAN OF THE REPUBLIC

INDUSTRY AND MINES

ff ECONOMIC INFRASTRUCTURE

STATE GENERAL INSPECTORATE (IGE) THE NATIONAL MOTTO

THE PRESIDENT OF THE REPUBLIC ff fi

PETROLEUM AND ENERGY

PLANNING AND DEVELOPMENT

TRANSPORT MAIN MINISTRIES GOVERNMENT PORTAL OFFICE OF THE PRIME MINISTER

ADMINISTRATIVE DIVISIONS ◗ Political capital:

THE NATIONAL ASSEMBLY ff

FOREIGN AFFAIRS

◗ Economic capital: ◗ Independent districts: ◗ Districts:

fi AGRICULTURE

◗ Regions: ◗ Counties: ◗ Sub-prefectures:

POLITICS AND SOCIETY

INTERNATIONAL

ff fi

© POOL/ Larry DOwning / aFP PHOTO

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Hillary Clinton (left), at the time US Secretary of State, with President Ouattara in Abidjan on 17 January 2012.

340 milliON

ack in the international arena

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ECOWAS population (15 West African countries) INVESTING

ivoir

POLITICS AND SOCIETY INTERNATIONALL

© ERIC LARRAYADIEU/AFRICA CEO FORUM / J.A.

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oreign services in countries

Alassane Ouattara with Akinwumi Adesina, president of the African Development Bank (left) and Kenyan vice-president William Ruto, in March 2016 in Abidjan.

strengt ening region

o ic

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100

milliON WAEMU population (8 Francophone African countries)

INVESTING

ivoir

SERVING ECONOMIC DEVELOPMENT

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40% ’

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COUNTERING INSECURITY

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INVESTING

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FACTFILE

INTERNATIONAL

INTERNATIONAL ORGANISATIONS

WAEMU

INTERNATIONAL REPRESENTATIONS

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ECOWAS www.ecowas.int

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WAEMU www.uemoa.int

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AFRICAN UNION www.africa-union.org

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WORLD BANK www.banquemondiale.org

ENTENTE COUNCIL ’

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INTERNATIONAL MONETARY FUND (IMF) www.imf.org

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MANO RIVER UNION

DIPLOMATIC REPRESENTATIONS ●

GERMANY www.abidjan.diplo.de

REGIONAL ORGANISATIONS ●

ECOWAS

BELGIUM www.diplomatie.be/abidjanfr

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CANADA www.canadainternational.gc.ca

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ci.chineseembassy.org

FINANCIAL INSTITUTIONS ’

CHINA

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SPAIN emb.abidjan@maec.es

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ci.usembassy.gov

USEFUL ADDRESSES ●

MINISTRY OF FOREIGN AFFAIRS www.diplomatie.gouv.ci

UNITED STATES

●

FRANCE www.ambafrance-ci.org

eCONOMy & BUSINESS ENVIRONMENT

ECONOMY AND BUSINESS ENVIRONMENT

OUTLOOK

A distinctly dynamic economy ’

10.3% 2015 growth rate

fi

ffi

DOUBLE DIGIT GROWTH ’

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INVESTING

ivoir

ECONOMY AND BUSINESS ENVIRONMENT OUTLOOK

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ROBUST SECONDARY SECTOR ’

45

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THE TOP INVESTMENT DESTINATION IN AFRICA

billion

euros 2016-2020 NDP budget

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BUOYANT TERTIARY SECTOR ’ ’

AGRICULTURE DRIVING THE PRIMARY SECTOR ’

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INVESTING

ivoir

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ECONOMY AND BUSINESS ENVIRONMENT OUTLOOK

BUDGET AND PUBLIC EXPENDITURE ’

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fi

48

billion euros

GDP objective in 2020

■

2016-2020 NATIONAL DEVELOPMENT PLAN fi ’

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fi

INVESTING

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FACTFILE

OUTLOOK REAL GDP AND INFLATION GROWTH 10.7% 9.2%

10%

10.3%

4.9%

5% 0%

8.5%

1.8%

2%

1.3%

0.4% 2.6%

-4.2%

-5%

1.2%

-10% r wth

t

GDP STRUCTURE ● Tertiary (services)

INTERNATIONAL RATINGS ’

33,3%

47.9%

18.8%

● Primary (agriculture and mining)

● Secondary (industry, energy and BPW)

FORECAST ECONOMIC GROWTH 2014

USEFUL ADDRESSES ●

2015

●

2018

●

www.gouv.ci

– NDP public and private project presentation www.gcpnd.gouv.ci

2016

Tel.: (225) 20 30 23 85 www.cepici.gouv.ci

●

Tel.: (225) 20 31 14 00 www.cepici.gouv.ci

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Tel.: (225) 20 33 16 00 www.cci.ci

2020

ECONOMY AND BUSINESS ENVIRONMENT

FOREIGN TRADE

Exports rise to meet growing international demand fi

fl

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30%

TRADE BALANCE SURPLUS

Trade surplus increase in 2015

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INVESTING

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ECONOMY AND BUSINESS ENVIRONMENT FOREIGN TRADE

AGRICULTURAL PRODUCTS DOMINATE EXPORTS ’

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39.4% Rise in value of cocoa exports

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CONSUMER AND CAPITAL GOODS IMPORTS ’

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CUSTOMERS AND SUPPLIERS ’

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INVESTING

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13.9% ’ ’

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INVESTING

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FACTFILE

FOREIGN TRADE TRADE BALANCE

In billions of CFA francs

2000

2004

2008

2012

2014

% per year

Exports

2,534

3,825

4,847

6,782

6,254

11.6%

Imports

1,771

3,098

3,280

6,275

5,531

14.2%

762

727

1,567

506

723

-

143 %

139 %

125 %

111 %

113 %

-

Balance Coverage ratio Data: Directorate General of Customs

EXPORT STRUCTURE In % and in value

2014

2015

Agriculture and extractive industries

53.1

59.1

Agricultural products

78.4

79.8

46.2

52.8

12

10.8

Extractive products

21

19.7

Crude oil

9.9

8.1

Gold

10.7

11.2

Processed products

49.9

40.9

Primary processing

42.5

50.5

Cocoa

27.2

33.8

Manufactured goods

53.8

45.4

Petroleum products

34.1

23.2

Cocoa (beans) Cashew nuts

Data: Directorate General for the Economy, Directorate General of Customs

IMPORT STRUCTURE In % and in value Consumer goods

2014

2015

42

49.9

Food products

41.9

45

Fish

21

21.6

23.5

27.3

Rice Intermediate goods Crude oil

40.5

35

61

46.5

Iron and steel products

12.7

20.2

Capital goods

17.5

22.1

Mechanical machinery

47.2

44.8

Electrical machinery

19.6

16.9

Data: Directorate General for the Economy, Directorate General of Customs

USEFUL ADDRESSES ●

SINGLE WINDOW FOR FOREIGN TRADE (GUCE) Single transactional portal guce.gouv.ci

●

●

AUTONOMOUS PORT OF ABIDJAN (PAA) Tel : (225) 21 23 80 00 www.portabidjan.ci AUTONOMOUS PORT OF SAN PEDRO Tel.: (225) 34 71 72 00 www.sanpedro-portci.com

●

IVOIRIAN SHIPPERS COUNCIL (OIC) Tel.: (225) 21 24 96 92 www.oic.ci

AGRICULTURE

A pole of growth and competitiveness ’

Reforms and investment in the cocoa sector have resulted in a 20.2% rise in production since 2012 (1.8 million tonnes in 2015).

35%

WORLD CLASS PRODUCTION ’

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INVESTING

ivoir

ECONOMY AND BUSINESS ENVIRONMENT AGRICULTURE

COCOA

SET

THE

© Olivier fOr J.A.

COFFEE AND EXAMPLE

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1.27 billion jobs

created in the agriculture sector between 2012 et 2015

TROUBLED TIMES FOR RUBBER AND FRUIT THE CASHEW NUT BOOM

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INVESTING

ivoir

ECONOMY AND BUSINESS ENVIRONMENT AGRICULTURE

STIMULATING INVESTMENT IN AGRICULTURE

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70%

of exports come from agriculture

■

2016-2020: PRIORITY ACTION

fi

INVESTING

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FACTFILE

AGRICULTURE MAIN AGRICULTURAL PRODUCTS

Thousands of tonnes

2014

2015

Variation

Objective

ff

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MAIN AGRICULTURAL EXPORTS Billions of CFA francs

2000

2004

2008

2012

2014

Cocoa

739

1,147

1,263

1,722

2,288

Natural rubber

55

86

224

412

298

Cashew nuts

31

36

78

175

237

Cotton

105

81

36

113

159

Timber

197

181

171

116

111

Palm oil

25

37

48

139

103

fi

2012-2015 NAIP: CONVINCING RESULTS

ff

USEFUL ADDRESSES ●

●

●

Tel.: (225) 20 25 69 69 (225) 20 25 69 70 www.conseilcafecacao.ci

Tel.: (225) 20 21 08 33 www.agriculture.gouv.ci ● ●

Tel.: (225) 22 48 96 24 www.cnra.ci

Tel.: (225) 20 20 75 80

Tel.: (225) 20 33 19 81

ECONOMY AND BUSINESS ENVIRONMENT

OIL, GAS AND MINING

© Nabil ZORKOT FOR J.a.

Extracting the most from mineral resources

ffi

fi

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23.5

POTENTIAL TO BE DEVELOPED ’

tonnes

Gold production in 2015

INVESTING

ivoir

’

© OLIVIER fOR j.a.

ECONOMY AND BUSINESS ENVIRONMENT OIL, GAS AND MINING

CRUDE OIL EXPORTER ’

In operation since end 2011, the Tongon gold mine produces over a third of national production.

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RISING GAS DEMAND

GOLD DRIVING MINING ACTIVITIES ’

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41,000 bpd

’ ’

Crude oil production

INVESTING

ivoir

ECONOMY AND BUSINESS ENVIRONMENT OIL, GAS AND MINING

2.2

’ ’

billion tonnes

Proven iron ore reserves (two deposits)

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MASSIVE IRON ORE DEPOSITS

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■

NEW PETROLEUM AND MINING CODES

fi

fi

fi

INVESTING

ivoir

ECONOMY AND BUSINESS ENVIRONMENT

0

INDUSTRY

Oil pipeline

Gas

Oil pipeline under construction

Oil

Gas pipeline

Oil project

Hydroelectric plant

Oil refinery

Thermal power station

Planned refinery

MINES

100 km

Savannah

Chemicals industry

Mined deposit

Rainforest

Timber industry

Known deposits

Heavily exploited rainforest

Iron

Agribusiness, brewing

Nickel

Textiles and leather

Gold

Mechanical engineering Cement works and construction materials Cotton ginning

Diamonds Bauxite Columbite tantalite (coltan)

Rubber production Tobacco manufacture

INVESTING

ivoir

National Park

TRANSPORT AND COMMUNICATIONS Railway Seaport Tanker terminal

© Cartography: Les Éditions du Jaguar

ENERGY

41

ECONOMY AND BUSINESS ENVIRONMENT

INFRASTRUCTURE

Transport infrastructure for an emerging market ’

’

Between 2012 and 2015, over 20 km of roads per day, on average, were built or rehabilitated throughout the country.

HUGE INVESTMENT ’

INVESTING

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ivoir

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UPWARD TRAJECTORY FOR AIR TRANSPORT

’ fl

EXTENSIVE SEAPORT EXPANSION

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1.47

million ffi

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INVESTING

ivoir

ECONOMY AND BUSINESS ENVIRONMENT INFRASTRUCTURE

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’

35,000

’

’

’

KM

of roads built or upgraded between 2011 et 2015

REMARKABLE MILESTONES IN THE ROAD NETWORK ’

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RAILWAYS BOOSTED BY MINING ’

INVESTING

ivoir

FACTFILE

INFRASTRUCTURE

SHIPPING TRAFFIC THROUGH THE PORT OF ABIDJAN In thousands of tonnes

2012

2014

ffi

TRAFFIC THROUGH THE HOUPHOUËT BOIGNY INTERNATIONAL AIRPORT IN ABIDJAN

• Rest of Africa:

ffi ’

CONTAINER TRAFFIC THROUGH THE PORT OF ABIDJAN In units

2012

RAILWAY TRAFFIC IN 2015 2014 ffi

ffi

BIG PROJECTS UNDERWAY OR UNDER STUDY

fi

USEFUL ADDRESSES

●

Tel.: (225) 20 34 48 57 www.transports.gouv.ci

●

Tel.: (225) 20 34 73 11 www.infrastructures.gouv.ci

●

Ivoirian road management agency Tel.: (225) 20 25 10 02 www.ageroute.ci

COMPANIES & MARKETS

COMPANIES AND MARKETS

COMPANY LIFE

The rise of Côte d'Ivoire Corp fi

’

9,430

OPTIMISTIC BUSINESS LEADERS

Businesses founded in 2015

INVESTING

ivoir

yl f

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868,209

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INVESTING

ivoir

50

COMPANIES AND MARKETS COMPANY LIFE

SLIGHT HESITATION DESPITE POSITIVE TREND

’

74%

of business leaders are optimistic

frame for obtaining a building permit, which was reduced from 364 to 87 days, will be further shortened to 21 days maximum through the establishment of a specific Single Window. The electricity connection time has been halved and takes a maximum of 28 days. Other measures to protect investors were taken, including the formalisation of arbitration and mediation and alternative payment methods.

The Investment Code in force since 2012 provides for a number of facilities for national and international businesses.

This ranges from providing assistance to companies in trouble to facilitating access to developed industrial zones, not to mention VAT exemption during the investment phase, exemption from registration fees and granting preferential rates to SMEs for various services (water, electricity, etc.).

The state aims to computerise all administrative procedures by 2018, with the introduction of a unique identifier number for businesses. The government is also continuing to pay off domestic debt accumulated during the years of crisis, with the clearance of 15.5 billion CFA francs in 2015. Yet, despite this positive trend, businesses remain concerned about the amount of fiscal and administrative red tape, the difficulties of accessing public procurement contracts and financing by banks, land issues and support to the agricultural sectors. ■

THE SME PHOENIX PROGRAMME ’ fi

fi

INVESTING

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FACTFILE ’ Rank

’

Company

Sector ffi

fi

i i

i i i

i

i i i

i fi

●

i i i i Tel.: (225) 20 30 08 20 ●

i

i

i

●

i

i

i i

i i i i Tel.: (225) 20 31 90 70

i i

i Tel.: (225) 22 41 20 17 fi

●

Tel.: (225) 20 21 50 20

i

Turnover (thousands of dollars)

COMPANIES AND MARKETS

BANKING AND FINANCE

Growth spurt –

fi

–

Orabank, like many banks established in Abidjan, is also present in a number of West and Central African countries.

29.6%

LARGEST BANKING MARKET IN THE WAEMU

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Increase in business loans in 2015

’

INVESTING

ivoir

MORE BUSINESS LOANS

Versus Bank, previously a state bank, is now being privatised.

RESTRUCTURING IN PROGRESS

28% ’

BETTER INTEREST RATES

’

INVESTING

’

ivoir

COMPANIES AND MARKETS BANKING AND FINANCE

THE STATE ENTERS CAPITAL MARKETS ’ ’ ’ ’

17.77% Increase in the BRVM composite index in 2015

’ ’ ■

BRVM: A SMALL MARKET WITH BIG AMBITIONS

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INVESTING

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’

FACTFILE ’ Rank

Subsidiary of

Total results

’ ’ ’

’ ’ fi

’ Number of banks

Balance sheet (billions of CFA francs)

Number of accounts

Number of automatic teller machines (ATM)

’

Market share

28%

●

●

29%

●

Tel.: (225) 20 20 07 20

Tel.: (225) 20 20 85 00 / 84 00

Tel.: (225) 20 30 50 90 fi

32%

●

Tel.: (225) 20 24 24 24

●

●

Tel.: (225) 20 20 12 34 Tel.: (225) 20 32 66 85 ●

Tel.: (225) 20 20 00 00

●

Tel.: (225) 03 83 83 83

●

’

● ●

Tel.: (225) 20 32 20 08

Tel.: (225) 35 90 00 80

Tel.: (225) 20 30 34 00

COMPANIES AND MARKETS

INDUSTRy

Competitiveness and performance

Ivoirian industrial production, driven by construction, petroleum and chemicals, grew 5.4% in 2015.

940 ha

THE IMPORTANCE OF AGRIBUSINESS ’

Total area of the new Abidjan industrial zone

INVESTING

ivoir

’

COMPANIES AND MARKETS INDUSTRY

100% OF COCOA PROCESSED BY 2020

’

The Uniwax factory in Abidjan saw its sales grow by 30% in 2015, despite competition from Asia.

’

’

19.5%

CASHEW NUT POTENTIAL ’

REVIVING THE TEXTILES SECTOR

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INVESTING

’

ivoir

Increase in construction activity in 2015

COMPANIES AND MARKETS INDUSTRY

’

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Agro-industrial activity increased by only 3% in 2015.

25%

Current industrial sector share of GDP

■

fi

ff ’

’

fi

INVESTING

ivoir

COMPANIES AND MARKETS

ENERGY

fi ’

’

ffi

Treichville by night, seen from Plateau on the opposite side of the lagoon.

2,000

PRODUCTION DOUBLED BETWEEN 2011 AND 2015

MW

Electricity production capacity by end 2015

INVESTING

ivoir

COMPANIES AND MARKETS ENERGY

© Nabil ZORKOT FOR J.a.

’

60% HYDROPOWER BY 2020

’

’ ’

’

’

4,000

PRIVATE OPERATORS CONFIDENT

BILLION CFA francs

ENDING THE STATE MONOPOLY

Expected investment in the power sector

’ ’

INVESTING

ivoir

COMPANIES AND MARKETS ENERGY

’

95% OF VILLAGES ELECTRIFIED BY 2020

6,000

NEW INVESTORS

MW

Production capacity objective by 2025

■

KEY ENERGY PRODUCTION PROJECTS • Feasibility study for the Singrobo hydroelectric dam (2x22 MW) • Gribo Popoli (112 MW), Louga (280 MW) and Boutoubre (156 MW) hydroelectric power plants on the Sassandra River • Aboisso Comoé hydroelectric power plant (90 MW) on the Comoé River • Daboitié (91 MW) and Tiassalé (51 MW) hydroelectric power plants on the Bandama river • Songon combined cycle thermal power plant (372 MW) • Abatta combined cycle thermal power plant (369 MW) • Jacqueville combined cycle thermal power plant (350 MW) Data: Ministry of Petroleum and Energy

INVESTING

ivoir

FACTFILE

INDUSTRY AND ENERGY

INDUSTRY GROWTH IN 2015 USEFUL INDUSTRY ADDRESSES Industrial production (excl. mining)

+5.4% ●

Tel.: (225) 20 21 89 00 www.industrie.gouv.ci

Main components:

●

Tel.: (225) 20 20 70 30 www.conseilcotonanacarde.ci ●

Tel.: (225) 22 51 05 33 www.intercoton.org ● Data: Department of Economy and Forecasting (DCPE)

Tel.: (225) 22 41 46 16 www.apromac.ci

ELECTRICITY PRODUCTION AND CONSUMPTION ●

(In GWh)

2015

Of which hydropower

1,342

Tel.: (225) 21 27 39 45 www.aiph.ci

USEFUL ENERGY ADDRESSES ●

Of which high and medium voltage

2,742

Low voltage

3,192

Directorate General for Energy Tel.: (225) 20 20 61 45 www.energie.gouv.ci ’

●

Tel.: (225) 21 23 33 00 www.cie.ci

Data: Department of Economy and Forecasting (DCPE)

PETROLEUM PRODUCTS PRODUCTION AND CONSUMPTION In thousands of tonnes

●

Tel.: (225) 20 20 60 10 www.anare.ci

2015 ●

’ Tel.: (225) 21 23 33 00 www.sodeci.ci

ffi ffi Data: Department of Economy and Forecasting (DCPE)

●

Tel.: (225) 22 51 43 00 www.onepci.net

’

COMPANIES AND MARKETS

SERVICES

Towards the future ’

In 2016 the automotive market will exceed sales of 10,000 vehicles per year.

150,000

MORE DISPOSABLE INCOME BOOSTS SERVICES

Potential ICT jobs

INVESTING

ivoir

COMPANIES AND MARKETS SERVICES

BUSINESS TOURISM ON THE RISE

’

’

CREDITWORTHY CLIENTS SEEK HOUSING MAJOR PROJECTS IN ABIDJAN

24.5

million Mobile phone users at the end of 2015

LEISURE TOURISM WAITING IN THE WINGS ’

INVESTING

ivoir

COMPANIES AND MARKETS SERVICES

EIGHT MILLION INTERNET SUBSCRIBERS ’

’

■ ▲

When 4G technology hits the country in 2016, the number of internet users will rise dramatically.

RETAIL WARS

’

fi

’

FACTFILE

SERVICES INCREASE IN TRAFFIC THROUGH ABIDJAN INTERNATIONAL AIRPORT 2014

2015

2015/2014

Arrivals

589 062

726 519

-

Departures

602 112

742 125

-

MTN

MOOV

ffi

Data: Department of Economy and Forecasting (DCPE)

2015 INTERNET INDICATORS

Data: Telecommunications/ICT Regulatory Body of Côte d' Ivoire

MOBILE PHONE INDICATORS 2015 THE THREE MAIN OPERATORS

ORANGE

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Data: Telecommunications/ICT Regulatory Body of Côte d' Ivoire

USEFUL ADDRESSES ●

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Tel.: (225) 20 21 74 78 www.ministere-construction.ci

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Tel.: (225) 20 34 43 73 www.intercoton.org

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Tel.: (225) 20 34 73 84 wwwtelecom.gouv.ci

Tel.: (225) 20 25 16 00 www.cotedivoiretourisme.ci

Tel.: (225) 20 22 95 28 www.commerce.gouv.ci

COMPANIES AND MARKETS

eDUCATION AND heAlTh

Preparing the future

State universities educate around 1.5 million students every year.

FREE AND COMPULSORY SCHOOLING

96.4%

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Gross enrolment rate in 2014

INVESTING

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VIRTUAL UNIVERSITY UP AND RUNNING fi

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5MILLIon A UNIVERSITY IN EVERY DISTRICT

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A RADIOTHERAPY CENTRE IN 2016 ’

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INVESTING

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TRAVEL DIARY

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TRAVEL DIARY

Tiama Hotel.

© nabiL ZORKOt FOR J.a.

©Renaud Van deR MeeRen FOR Les ÉditiOns du JaguaR

Your trip

The lobby of the Onomo Abidjan Airport Hotel.

HÔTEL TIAMA, ABIDJAN

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In the business district and close to government offices, this is a pleasant and convenient place to stay.

Tel.: (225) 20 31 33 33 www.hotel.tiama.ci

RADISSON BLU HOTEL, ABIDJAN AIRPORT

HOTELS SOFITEL ABIDJAN HOTEL IVOIRE

This huge hotel comprises two buildings, one of which is 100m high and can be seen from the Plateau district on the other side of the Ébrié lagoon.

Tel.: (225) 22 48 26 26 www.accorhotels.com

© nabiL ZORKOt FOR J.a.

HEDEN GOLF HÔTEL ABIDJAN

Sofitel Hotel Ivoire.

Superbly located between the lagoon and the golf course for which it is named, this hotel boasts a huge park, swimming pool and sandy beaches on its doorstep.

Tel.: (225) 22 43 74 00 www.hedengolfhotel.com

This brand new five-star hotel has become one of the nerve centres of the city for top-level meetings.

Tel.: (225) 21 22 20 00 www.radissonblu.com

ONOMO ABIDJAN AIRPORT

Not far from the airport, this hotel offers all the services of a five star establishment at a reasonable price.

Tel.: (225) 21 21 21 91 www.onomohotel.com

HOTEL PRESIDENT, YAMOUSSOUKRO

An imposing building visible from all over the administrative capital, offering a panoramic restaurant, big rooms and a warm welcome.

Tel.: (225) 30 64 64 64 www.hotelpresident.ci

© Nabil ZORKOT FOR J.a.

© Nabil ZORKOT FOR J.a.

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AND THEN OF COURSE…

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RESTAURANTS IN ABIDJAN ’ ’

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©Renaud Van deR MeeRen FOR Les ÉditiOns du JaguaR

©Renaud Van deR MeeRen FOR Les ÉditiOns du JaguaR

TRAVEL DIARY

24 HOURS OR MORE VISIT BANCO NATIONAL PARK

© nabiL ZORKOt FOR Les ÉditiOns du JaguaR

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On the outskirts of Abidjan, bordering the Northern Highway, this vestige of the immense primeval forest that once covered the entire region offers 84 km of discovery trails over 3,500 hectares. Banco National Park is home to many species of butterflies, monkeys and birds and a rich arboretum of over 626 species including 26 declared rare in West Africa. Not to mention a 500year old Kosipo tree. Since October 2012 the park has been undergoing major works in order to be able to develop an eco-tourism aspect with funding from Japan, the World Bank and the Global Environment Fund.

The project includes the construction of hotels, playgrounds, as well as protection and video surveillance systems.

EXCURSION TO BOULAY ISLAND Boulay Island is a popular holiday destination because of its unspoilt nature, its unconnected aspect (no phones or electricity), and also because of its close proximity to the

Abidjan city centre (15 minutes by boat). The name actually refers to a set of islands in the Abidjan lagoon, close to the port, Boulay being the main island. To get there, you can take public transport from Yopougon or book a much more expensive, private boat. Some hotels in what is known as Billionaires Bay offer this service. The tour provides a wonderful example of some of the excursions available along a large part of the Ivoirian Atlantic coast up to Jacqueville and GrandLahou, in the west, where the lagoon runs continuously alongside the ocean.

TRIP TO GRAND-BASSAM Grand Bassam is the former capital of Côte d'Ivoire (1893-1900), about 40 kilometres east of Abidjan, and has beautiful beaches on the Atlantic coast and the Ébrié lagoon. Listed as a UNESCO World Heritage site since 2012, its old neighbourhoods reveal the vestiges of its glorious past as a business, administrative and port town.

Houses with balconies, verandas and gardens reflect the colonial urban style of the late nineteenth century. The city, which has about 100,000 inhabitants, has not remained stuck in the past

© Nabil ZORKOT FOR les ÉdiTiONs du JaguaR

© Nabil ZORKOT FOR les ÉdiTiONs du JaguaR

TRAVEL DIARY

WEEKEND IN ASSINIE Beyond Grand-Bassam is Assinie, a resort that offers breathtaking scenery.

Il can be reached by boat from Abidjan.

Between lagoon and ocean, this 15 kilometre stretch of land has become the favourite spot of the Abidjan jetset. Villas belonging to businessmen, politicians and government officials are built either on the sea front, along

a narrow strip of fine white sand, or on the other side of the Aby Lagoon, which can only be reached by boat. It is beautiful and, even though there is money flowing into what is still a fishing village, most residents have had the good taste to build low-rise homes, or maintain those they inherited.

There are several hotels, including the Coucoué Lodge, and the African Queen Lodge, among the most famous, as well as a number of more reasonably priced establishments providing access to this environment ideal for safe swimming and water sports.

© Nabil ZORKOT FOR les ÉdiTiONs du JaguaR

and is modernising. Its sandy beaches, wealth of arts and crafts and numerous hotels make it a favourite regular weekend destination for thousands of Abidjan residents.

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USEFUL NUMBERS IN ABIDJAN CLIMATE

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GETTING AROUND

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GROUPE JEUNE AFRIQUE