Cote D'Ivoire Business Directory & List of Companies
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Capital City and 5 Largest Cities in Côte d'Ivoire
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Abidjan (Capital and largest city) - Abidjan is the economic and cultural capital of Cote d'Ivoire, as well as its largest city. It is located along the southern coast of the country and serves as a major port and business hub.
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Bouaké - Bouaké is the second-largest city in Cote d'Ivoire. It is situated in the central part of the country and is known for its historical significance and cultural heritage.
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Daloa - Daloa is the third-largest city in Cote d'Ivoire and is located in the western part of the country. It is known for its agricultural activities, particularly the production of cocoa and coffee.
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Korhogo - Korhogo is the fourth-largest city in Cote d'Ivoire and is situated in the northern part of the country. It is known for its vibrant local culture and craft industry.
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Yamoussoukro - Yamoussoukro is the fifth-largest city in Cote d'Ivoire and serves as the political capital of the country. It is known for being the birthplace of former President Félix Houphouët-Boigny and for its grand basilica, the Basilica of Our Lady of Peace, which is one of the largest churches in the world.
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Economy of Cote D'Ivoire in Figures
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In 2020, Cote d'Ivoire's GDP was approximately 47.4 billion (in current U.S. dollars).
The economy had been experiencing steady GDP growth in the years leading up to 2020.
GDP per Capita
The GDP per capita in Cote d'Ivoire in 2020 was around 2,000 (in current U.S. dollars).
This figure reflects the income per person in the country.
Economic Sectors
Cote d'Ivoire's economy is diverse, with major sectors including agriculture, industry, and services.
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Agriculture plays a significant role in the country's economy, with cocoa, coffee, and oil palm being important export crops.
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The industrial sector includes activities such as food processing, manufacturing, and oil refining.
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Services, including banking, telecommunications, and retail, have been growing in importance.
Exports
Cote d'Ivoire is a major exporter of cocoa beans, making it one of the world's leading producers of cocoa. Other significant exports include coffee, palm oil, rubber, and petroleum products.
Foreign Investment
The government has been actively promoting foreign investment and economic diversification.
Foreign direct investment (FDI) has been increasing in sectors such as infrastructure, energy, and telecommunications.
Infrastructure Development
Cote d'Ivoire has invested in infrastructure development, including road networks and port facilities, to facilitate trade and economic growth.
Currency
The West African CFA franc (XOF) is the official currency of Cote d'Ivoire.
Challenges
Despite economic progress, Cote d'Ivoire faces challenges such as income inequality, political instability (though it has improved since the early 2000s), and the need for continued economic diversification.
Five Largest Companies in Cote D'Ivoire
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Société Ivoirienne de Raffinage (SIR):
Société Ivoirienne de Raffinage is the state-owned oil refinery company in Cote d'Ivoire. It is responsible for refining crude oil and producing petroleum products for domestic consumption and export.
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Société des Mines d'Ity (SMI):
Société des Mines d'Ity is a mining company that operates gold mines in Cote d'Ivoire. Gold is a significant export commodity for the country.
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Orange Cote d'Ivoire:
Orange Cote d'Ivoire is a subsidiary of the French telecommunications company Orange. It is one of the leading mobile network operators in Cote d'Ivoire, providing a range of telecommunications services.
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Société Ivoirienne de Banque (SIB):
Société Ivoirienne de Banque is a prominent bank in Cote d'Ivoire. It provides a wide range of financial services, including retail and corporate banking.
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Cocoa Processing Company (CPC):
The Cocoa Processing Company is involved in the processing of cocoa beans, which are a major export commodity for Cote d'Ivoire. The company processes cocoa into various cocoa-based products.
Five Largest Banks in Cote D'Ivoire
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Société Ivoirienne de Banque (SIB):
Société Ivoirienne de Banque is one of the leading banks in Cote d'Ivoire. It offers a wide range of banking and financial services to both retail and corporate customers. SIB is part of the Attijariwafa Bank Group, a major banking group in Africa.
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Banque Atlantique Cote d'Ivoire:
Banque Atlantique is a well-established bank with a presence in multiple West African countries, including Cote d'Ivoire. It provides various banking and financial services to individuals and businesses.
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Standard Chartered Bank Cote d'Ivoire:
Standard Chartered Bank is a global banking institution with a presence in Cote d'Ivoire. It offers a range of banking services, including corporate and commercial banking.
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Banque Internationale pour l'Afrique en Cote d'Ivoire (BIA-CI):
Banque Internationale pour l'Afrique en Cote d'Ivoire, commonly known as BIA-CI, is a prominent Ivorian bank. It provides banking services to individuals, businesses, and institutions.
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Banque de l'Habitat de Cote d'Ivoire (BHCI):
Banque de l'Habitat de Cote d'Ivoire, or BHCI, is a bank that focuses on housing and real estate financing. It plays a role in supporting the country's housing development efforts.
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