CoΜte d'Ivoire is a powerhouse in agriculture, serving as the worldβs leading producer of cocoa and cashew nuts. The sector accounts for nearly 20% of GDP and employs over 60% of the population, making it a cornerstone of the countryβs economy. The government has introduced initiatives to boost local processing capabilities, reducing reliance on raw exports and increasing value-added production.
β Cocoa & Cashew Processing: The governmentβs vision is to process at least 50% of locally produced cocoa and cashews within the country, offering incentives such as tax breaks and reduced export duties for companies investing in processing facilities.
β Diversification & Emerging Crops: Beyond cocoa and cashews, CoΜte dβIvoire is expanding its agricultural portfolio to include rubber, palm oil, coffee, and cotton, all of which present lucrative opportunities for investors.
β Government Support & Infrastructure: Investment in irrigation systems, storage facilities, and rural roads is improving efficiency and reducing post-harvest losses. The government provides financial incentives to agribusinesses, including subsidies for farm equipment and fertilizers.
β Sustainability & Certification: CoΜte dβIvoire is making strides in promoting sustainable farming practices, ensuring that agricultural exports meet international quality and environmental standards. Certification programs like Fair Trade and Rainforest Alliance have increased in prominence, attracting ethical investment.
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