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Côte d'Ivoire

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Evaluating the market in Côte d'Ivoire

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EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium Risk

Medium Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Côte d'Ivoire

Côte d’Ivoire’s economy, the biggest in francophone West Africa, has been growing at formidable pace since the end of the political crisis in 2011, driven by public investments in infrastructure and private sector expansion. The country mostly exports commodities, such as cocoa and fuel products and has many opportunities for Canadian companies in various sectors; agriculture, mining, infrastructure, energy. Côte d’Ivoire’s strengths include its low external public debt ratio, high GDP growth rate trend and upbeat foreign investor sentiment about the country. The country is a member of the West African Economic and Monetary Union which has the convertibility of its currency guaranteed by the French treasury.
  • Construction & Infrastructure
  • Mining & Metals
  • Power 
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Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC