General Information

Ivory Coast offers numerous 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 political situation is currently stable in the country.

The country also has structures which aim to facilitate administrative procedures such as the one-stop shop for foreign trade (GUCE) and the investment promotion center (CEPECI), essential for investors.

For a first approach to the market, the common practice is to go through a sales agent or an importer distributor. Ivory Coast can also serve as a hub to reach other markets in the UEMOA sub-region.

Means of Payment & Banking Specificities

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

Payment delays remain frequent, most often due to a problem with the supply of foreign currency during the transfer.

Source: IBRD – BCEAO – Coface – MOCI