REPUBLIC

COTE D' IVORY (IVORY COAST)


Flag

Flag_Ivory Coast

Coat of Arms

Emblem_Ivory_Coast.svg

Location

Map_Ivory coast

President Alassane Ouattara

President Ivory Coast
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Capital
»Yamoussoukro

Official Language
»French

Demonym
»Ivorian, Ivoirian

Government
»Semi-presidential republic

Area
»322,463 km2 (69th)

Population
»23,919,000(53rd)

GDP (PPP)
»$48 billion
» Per capita -$1,938

GDP (nominal)
»$32 billion
» Per capita -$1,302

Currency
»West African CFA franc (XOF)

Time Zone
»GMT (UTC+0)

Ivory Coast officially the Republic of Côte d’Ivoire (French: République de Côte d’Ivoire), is a country in West Africa.

Ivory Coast’s de jure capital is Yamoussoukro and the biggest city is the port city of Abidjan.

ivory-coast-abidjan

Prior to its colonization by Europeans, Ivory Coast was home to several states, including Gaiman, the Kong Empire, and Baoulé.

There were two Anyi kingdoms, Indénié and Sanwi, which attempted to retain their separate identity through the French colonial period and after independence.

Ivory Coast became a protectorate of France in 1843–44 and was later formed into a French colony in 1893 amid the European scramble for Africa. Ivory Coast achieved independence in 1960, led by Félix Houphouët-Boigny, who ruled the country until 1993.

It maintained close political and economic association with its West African neighbours, while at the same time maintaining close ties to the West, especially France.

Ivory Coast 1

Ivory Coast is a republic with a strong executive power invested in its president.

Through the production of coffee and cocoa, the country was an economic powerhouse in West Africa during the 1960s and 1970s. Ivory Coast went through an economic crisis in the 1980s, contributing to a period of political and social turmoil.

The 21st-century Ivorian economy is largely market-based and still relies heavily on agriculture, with smallholder cash crop production being dominant.

Ivory Coast has, for the region, a relatively high income per capita (USD 1014.4 in 2013 ) and plays a key role in transit trade for neighboring, landlocked countries.

Ivory Coast is the largest economy in the West African Economic and Monetary Union, constituting 40 percent of the monetary union’s total GDP.

Ivory Coast is the world’s largest exporter of Cocoa beans, and the fourth largest exporter of goods, in general, in sub-Saharan Africa (following South Africa Nigeria and Angola).

Ivory CoastCocoa-

In 2009, the cocoa bean farmers earned $2.53 billion for cocoa exports and is expected to produce 630,000 metric tons in 2013. According to The Hershey Company, the price of cocoa beans are expected to rise dramatically in upcoming years.

The Ivory Coast also has 100,000 rubber farmers which earned a total of $105 million in 2012.

ivory-coast-diamonds

The maintenance of close ties to France since independence in 1960, diversification of agriculture for export, and encouragement of foreign investment, have been factors in the economic growth of Ivory Coast.

In recent years Ivory Coast has been subject to greater competition and falling prices in the global marketplace for its primary agricultural crops: coffee and cocoa.

Top 5 Products exported by Cote d’Ivoire

  1. Cocoa Beans (22%),
  2. Refined Petroleum (15%),
  3. Crude Petroleum (10%),
  4. Rubber (7.8%),
  5.  Cocoa Paste (6.6%)

Top 5 Export destinations of Cote d’Ivoire

  1. Germany (9.2%),
  2. United States (8.9%),
  3. Netherlands (7.6%),
  4. Nigeria (7.2%),
  5. France (6.2%)

Top 5 Products imported by Cote d’Ivoire

  1. Crude Petroleum (24%),
  2. Rice (7.1%),
  3. Special Purpose Ships (4.1%),
  4. Non-fillet Frozen Fish (3.2%),
  5. Packaged Medicaments (2.6%)

Top 5 Import origins of Cote d’Ivoire

  1. Nigeria (24%),
  2. France (13%),
  3. China (8.1%),
  4. India (4.2%),
  5.  Thailand (3.0%)

Ivory Coast’s tourism industry has developed significantly since the early 1970s.

Ivory Coast

The country had 11,374 beds in 7,786 hotel rooms and a 70% occupancy rate in 1997. In 1998, there were 301,039 arriving tourists, including more than 73,000 from France.

Beaches, tourist villages, and photo safaris through wildlife preserves are some of the main attractions.

Visas are not required for stays of less than 91 days, though a vaccination certificate for yellow fever is required from all foreign visitors. In 2002, the US Department of State estimated the average cost of staying in Abidjan at $160 per day, compared to Yamoussoukro at $98

Beach-view-in-Ivory-Coast

To See
  • Fine beaches, tourist villages and wildlife preserves are the principal attractions of Côte d’Ivoire.
  • Taï National Park has the largest tropical rainforest in West Africa.
    Comoë National Park is the biggest and best-known national park in Côte d’Ivoire.
  • It has plenty of wildlife including birds, elephants, giraffes, lions, monkeys and antelopes.


Links

TOURISM

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EXPORT

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INVEST

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