Ivory Coast

Overview

Ivory Coast, officially the Republic of Côte d'Ivoire, is a country in West Africa. Ivory Coast borders Liberia and Guinea to the west, Mali and Burkina Faso to the north, Ghana to the east, and the Gulf of Guinea and the Atlantic Ocean to the south. Close ties to France since independence in 1960, the development of cocoa production for export and foreign investment made Côte d'Ivoire one of the most prosperous of the West African states, but has not protected it from political turmoil.

Economy

Ivory Coast is heavily dependent on agriculture and related activities, which engage roughly two-thirds of the population. Ivory Coast is the world's largest producer and exporter of cocoa beans and a significant producer and exporter of coffee and palm oil. Consequently, the economy is highly sensitive to fluctuations in international prices for these products and in climatic conditions. Cocoa, oil, and coffee are the country's top export revenue earners, but the country is also producing gold and oil. Since the end of the civil war in 2003, political turmoil has continued to damage the economy, resulting in the loss of foreign investment and slow economic growth. Despite recent political instability and degrading infrastructure Ivory Coast citizens enjoy a relatively high level of income, compared to other countries in the region.

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46 Matters
OHADA guide on oil & gas activities

OHADA guide on oil & gas activities

Working with a multinational law firm headquartered in London, we prepared a guide containing entry-level information for conducting oil... More

Local law advice & PSC interests Ivory Coast

Oil & Gas Financing – Borrower

We acted for the borrower on the other side of a US$80m financing acquisition of oil & gas assets in the Ivory Coast, following the... More

Have a legal problem spanning nine countries? We can help you

Tower-sharing across nine countries

We acted for a Gulf-based telecoms provider in its investment into a tower-sharing business in nine jurisdictions across the OHADA region.... More

Target assets & due diligence, Ivory Coast

Due diligence in Ivory Coast

We conducted a detailed due diligence of target assets in the Ivory Coast for a Canadian finance house. We advised both on the regulatory... More

Drafting model contracts & workplace rulebook

Employment rules

We advised a foreign investor on its employment law obligations. We drafted model contracts for staff as well as putting in place the... More

Closing out merchant bank

Close-Out/Netting & sovereign immunity opinion

We acted for a major “Bulge Bracket” bank and advised on ISDA based transactions in Ivory Coast and Senegal. We reviewed in... More

Multi-jurisdictional banking regulation s

Banking regulation advice in 14 countries

We advised a major international bank in determining its in-country rules for opening bank accounts and offering financial services across... More

Leading ISP in Cameroon & Ivory Coast

Software Rollout in Cameroon & Ivory Coast

We advised a leading internet service provider on the rules for operating in country, the regulatory regime for internet based sales and... More

Internet sales – Ivory Coast, Mali, Chad & Madagascar

We acted for a major on-line retailer advising whether the client’s standard way of operating in new countries was acceptable under... More

Our regional experience helped French-based multi-national

On the ground multi-jurisdictional due diligence

We advised a French-based multi-national on the African assets of its target company. We reviewed the documentation available in the Data... More