Agricultural Investment Potential in the Cote D’Ivoire

Cote D’Ivoire or Ivory Coast as it is formerly known in the English speaking world is an up and coming country in West Africa.

Agriculture in Cote D’Ivoire like most of the West African countries, has historically always been the biggest business and the largest employer of people.  Currently, farming in the Cote D’Ivoire is responsible for:

  • 25% of GDP ( Gross Domestic Product)
  • 50% of all products exported
  • 60% of the work force in Cote D’Ivoire

New potential for investing in agriculture in Cote D’Ivoire

Like many other countries in West Africa, Cote D’Ivoire has lots of space to grow crops, lots of rain to feed the crops and most of all plenty of sunshine.  Agriculture is the conversion of solar energy into plant energy so lots of sunshine and rain will give a good start to companies looking for large crop yields.

Commercial cash crops for Cote D’Ivoire

  • Cocoa – Cote D’Ivoire produces a third of the world’s cocoa
  • Cashew nuts
  • Rubber
  • Palm oil
  • Cotton
  • Coffee
  • Banana
  • Mango
  • Pineapple

All these plants thrive in Cote D’Ivoire and are exported worldwide.

Government plan for improving and attracting agricultural investment

There is also a plan by the Minister for Agriculture in Cote D’Ivoire.  The 2010-2015 Agriculture Investment Program is over half way through and includes the following remits:

  • Sustainable development
  • Reduction of poverty
  • Increase in productivity
  • Research into increased yields
  • Increase output of rubber and palm oil
  • Increased training for smallholder farmers
  • Increase in efficiency of land use

All these ideas if successfully implemented will improve the state of agriculture in Cote D’Ivoire.  Improving the farming capacity in Cote D’Ivoire will immediately increase prosperity at ground roots level and this will be hugely beneficial to the country.

Written by Fiona Johnson

6th November 2013