EENI Global Business School

Business in Ivory Coast. Abidjan, Yamoussoukro



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Syllabus of the Subject

Ivorian Economy and Foreign Trade, Cocoa, African Frontier Market (Ivory Coast)

  1. Introduction to the Republic of Ivory Coast (Côte d'Ivoire - West Africa)
  2. Ivorian Economy
  3. International Trade of Ivory Coast
  4. Business and Investment Opportunities in Ivory Coast
    1. Agribusiness
    2. Construction, public works and infrastructures
    3. Petrol
    4. Tourism
    5. Industry
  5. Investment Promotion Centre of Ivory Coast (CEPICI)
  6. Case Study: Prosuma Group
  7. Access to the Ivorian Market
  8. Business Plan for Ivory Coast

Sample:
Port of Abidjan, Ivory Coast, Access to Mali, Burkina Faso, and Niger


The objectives of the subject “International Trade and Business in Ivory Coast (Côte d’Ivoire)” are the following:

  1. To analyze the Ivorian Economy and Global Trade
  2. To know the business opportunities in Ivory Coast
  3. To explore the Ivorian trade relations with the student's country
  4. To know the Ivorian Trade Agreements
  5. To examine the profile of Ivorian Companies
  6. To develop a business plan for the Ivorian Market

African Students (Masters Foreign Trade)

The Subject “Business in Ivory Coast (Côte d’Ivoire)” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate in African Business, World Trade.

Doctorate in International Business (DIB) Online

Business in West Africa.

Foreign Trade and Business in West Africa

Master in Business in Africa, International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Languages: Masters, Doctorate, International Business, English or Study Doctorate in International Business in French Côte d'Ivoire Masters Foreign Trade in Portuguese Costa do Marfim Study Master Doctorate in International Business in Spanish Costa de Marfil.

  1. Credits of the subject “Doing Business in Ivory Coast (Côte d’Ivoire)”: 2 ECTS Credits
  2. Duration: two weeks

Area of Knowledge: Africa.

We Trust in Africa (Affordable Higher Education for Africans)

Ivory Coast: The first world cocoa producer, an African Frontier Market. Headquarters of the African Development Bank

Transport and Logistics in Africa. Corridors, ports

African Economic Integration

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. GATS
    2. Trade Facilitation Agreement
    3. Agreement on Sanitary Measures
    4. Agreement on Technical Barriers to Trade
    5. Agreement on Preshipment Inspection
    6. Agreement on Safeguards
  2. Is not a member of the WCO
    1. Kyoto Convention

African Institutions (AU, AFDB, AUDA-NEPAD, UNECA)

  1. Economic Commission for Africa
  2. African Union
    1. AU Convention on Combating Corruption
    2. AUDA-NEPAD
    3. Africa Agriculture Development Programme
  3. African Development Bank (In 2014, the African Development Bank returns to Abidjan)
  4. Africa-Asia Partnership
  5. Africa-Korea Partnership
  6. Africa-Japan Cooperation
  7. Forum on China-Africa Cooperation

Islamic Organizations. Arab League

  1. Afro-Arab Cooperation
  2. BADEA
  3. OIC
  4. IsDB

Globalization and International Organizations

  1. UN
  2. WB
  3. WTO
  4. IMF

  1. Capital of the Republic of Côte d'Ivoire (Ivory Coast): Yamoussoukro
  2. Economic centre and largest city of Ivory Coast: Abidjan (12 million)
  3. Other Ivorian cities: Abidjan, Yamoussoukro, Bouaké, Daloa, Korhogo, Man, and San-Pédro
  4. Population of Ivory Coast: 24 million (15 million in 1998)
  5. Ivorian official language: French
    1. Local languages: Senufo, Baoule, Diola, and Dan
  6. Independence of Ivory Coast: 1960 (from France)
  7. Two recent civil wars: 2002-07 and 2010-11
  8. Ivorian borders: Burkina Faso, Mali, Guinea, Liberia, and Ghana
  9. Currency of Ivory Coast: West African CFA Franc
  10. The Historian Ahmadou Hampaté Bá died in Abidjan

Christophe Wondji

More information about Ivory Coast (EENI African Business Portal).

Main religions in Ivory Coast:

  1. African Traditional Religions
  2. Christianity (32%)
    1. Catholicism (6 million)
    2. Protestants (Methodists: 1.3 million)
  3. Islam (38% of the population, 7 million)

Christianity and Global Business (Catholicism, Protestantism) Islam and Global Business. Islamic Economic Areas

Ivory Coast belongs to the West African Economic Area.


Ivorian Economy:

  1. The main resources of Ivory Coast (Africa) are cocoa (first world producer), yams (second largest producer), coffee (tenth largest producer), bananas, palm oil, cotton, wood, Petrol, gas, diamonds, gold, nickel, and tourism
  2. The South of Ivory Coast concentrates 85% of the economic activity
  3. Ivory Coast is an African frontier market

Ivorian Agriculture

  1. Humid tropical climate for the crops especially in low Coast
  2. Diverse agriculture (food, cash crops, and industrial crops)

Ivorian main productions:

  1. Cocoa. 1,367,200 tones/year. The first world producer
  2. Coffee. 117,000 tones/year
  3. Cola. 50 000 to 75,000 tones/year. The first in the World
  4. Palm oil. 284,500 tones/year
  5. Hevea. 130,000 tones/year
  6. Cotton seed: 221,700 tones/year
  7. Sugar: 152,900 tones/year
  8. Rubber: 179,000 tones/year
  9. Cashew: 230,000 tones/year

Ivorian Industry

  1. Ivorian industry contributes with 20% to the GDP and accounts for 40% of the West African Economic and Monetary Union countries
  2. 50% of the companies have a turnover less than 1 billion FCFA
  3. Best recent performance Ivorian sectors: Chemicals, water, electricity, mineral extractions, and various industries
  4. Main Ivorian Industries affected by the crisis: construction, agribusiness, textiles, and wood
  5. Food industry production accounts for 25% of the GDP in the secondary sector

Business in Ivory Coast:
International Trade and Business in Ivory Coast

Foreign Trade (Importing, Exporting)

International Trade of Ivory Coast.

  1. Notwithstanding the socio-political crisis of the last decade, the economic partnerships of Ivory Coast with the emerging countries have markedly augmented, particularly those with the Asian Countries, including, China, South Korea, India, Singapore, Thailand, Brunei, Indonesia, and Malaysia
  2. Asia is the third largest trading partner (12.5%) of Ivory Coast, after Europe (44%) and the African countries (29%)
  3. China, which is the Ivorian leading Asian trade partner, still represents a modest share (3.2%) of the economy compared with its wider efficiency in Africa

Dakar-Lagos Trans-African Corridor (Mauritania, Nigeria)


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