General Information

Côte d'Ivoire offers many business opportunities in diversified sectors such as infrastructure, construction, energy, agriculture and agro-industry. Several reforms have been implemented to improve the business climate and the re-election for the third time of Alassane Ouattara as president in October 2020 brings continuity in the political and economic worlds.

The country also has structures that aim to facilitate administrative procedures such as the Single Window for Foreign Trade (SWFT) and the Investment Promotion Centre (CEPECI), which is essential for investors.

For a preliminary market approach, the common practice is to use a commercial agent or an importing distributor.

Côte d'Ivoire can also serve as a hub to reach other markets in the WAEMU sub-region. 
 

Means of Payment & Banking Specificities

To secure payments, we strongly recommend the use of a confirmed documentary credit with payment on demand or even within 30 or 60 days maximum.

Payment delays are still frequent, most often due to a foreign exchange supply problem during the transfer.

Source: BIRD - BCEAO - Coface - MOCI