Stories from Abidjan · Cote d'Ivoire

African nations can generate $469 billion in annual revenue without raising taxes, according to the African Development Bank. The report did not specify a timeline for this revenue generation.

The African Development Bank and the Africa Social Security Association have signed a pact to boost development financing in Africa.

The report said these elements as for the nation's well-being.

Former Guinean Prime Minister Ansanakuyate is serving as the ECOWAS chief negotiator for the Alliance of Sahel States. He held a nearly one-hour meeting yesterday with the President of Ivory Coast in Abidjan.

The Ivorian Bureau of Copyright collected 7.5 million euros in 2025. Deputy Director Serge Agpatou stated that generative AI poses a threat to the existing artist retribution system. He noted that AI could potentially undermine how creators are compensated. The institution is monitoring how AI tools impact creative rights. He noted that AI allows access to existing works, which could undermine current compensation structures.

Hezbollah utilizes various international networks to secure financing, including money laundering platforms in Côte d'Ivoire, Sierra Leone, and Liberia. A report has been released regarding the foreign financing of Hezbollah. Hezbollah relies on international networks to generate financial survival through drug trafficking in South America and diamond extraction in Africa. The group uses shell companies in Europe to launder this illicit money. This process allows the group to finance operations through seemingly legitimate commercial transactions. President Daniel Noboa has accused a number of Lebanese expatriates of playing a key role in financing Hezbollah. These funds are reportedly used to purchase weapons in Lebanon. The report specifically cites Ivory Coast, Nigeria, and Sierra Leone as locations where Lebanese families transfer portions of their income to the group.

A discussion regarding producer protections highlighted that current regulatory ordinances for the coffee and cocoa councils do not include provisions to compensate individual farmers during market crises.

A stabilization fund facilitated the removal of 100,000 tons of cocoa, valued at 291 billion CFA francs. The source also mentioned there are approximately one hundred artisanal chocolate producers currently operating in the country. Minister Bruno Konnet stated that industrial installations in the country have enabled a processing capacity exceeding one million tons. The development aims to promote the Ivorian chocolate label and increase consumption within Africa and emerging markets globally. Officials noted that consumption remains low in Africa and Asia despite high populations. The initiative seeks to change global consumption habits through this increased capacity. While the 2023-2024 period saw production declines linked to climate change, the 2025-2026 period has experienced optimal weather for cocoa.

The Ivorian cocoa board decided to sell cocoa stocks in anticipation of market changes. Cocoa producers in Ivory Coast are facing a blockage in price guarantees that were not respected.

The Economic Community of West African States (ECOWAS) is planning a collective security force to support regional stability. The force is intended to provide assistance to member states within the sub-region rather than focusing solely on Côte d'Ivoire. The initiative is part of a broader effort to ensure global security for the area.