Market Report: Ivory Coast
By Adeline Louison on February 22, 2017
Charlotte Specht, of Horwath HTL in West and Central Africa has written her latest Market Report and focused on Ivory Coast.
Extract of our Market Report: Ivory Coast
Ivory Coast has experienced a rapid return to growth since 2011 with particularly encouraging results.
The country now aims to reach the status of emerging economy and the Ivorian Government plans to create a resilient economy by promoting regional development and regional integration. The return of many regional headquarters, such as the one of the African Development Bank, attests to the return of Abidjan’s economic importance.
The growth of the sector is mainly supported by business tourism and conferences. Abidjan regained its status of major francophone hub in West Africa and attracts international and regional investors due to the high economic performances. Abidjan has also competitive advantage on the MICE segment in the region, due to quality MICE infrastructures, including the Abidjan Conference Centre (ap. 2,000 sqm of meeting space).