Ivory Coast has struck oil just as much of the developed world has begun to call time on fossil fuels and some financial institutions are reluctant to take carbon-emitting projects on to their balance sheets.
Where does Cote d’Ivoire import palm oil?
The main destinations of Cote d’Ivoire exports on Palm Oil were Ghana ($77.8M), Burkina Faso ($77.7M), Mali ($72.5M), Kenya ($57M), and Nigeria ($46.9M). In 2022, Cote d’Ivoire imported $159M in Palm Oil, mainly from Malaysia ($74.3M), Indonesia ($41.8M), Liberia ($24M), Ghana ($11.1M), and Thailand ($7.27M).
How much palm oil did Cote d’Ivoire export in 2022?
In 2022, Cote d’Ivoire exported $512M in Palm Oil. The main destinations of Cote d’Ivoire exports on Palm Oil were Ghana ($77.8M), Burkina Faso ($77.7M), Mali ($72.5M), Kenya ($57M), and Nigeria ($46.9M).
What role does the private sector play in Ivory Coast’s agricultural success?
The private sector plays a decisive role in Ivory Coast¡¯s agricultural success. However, it has been criticized for its role in deforestation, as evidenced by the frequent controversies surrounding chocolate (text box 1) and palm oil (text box 2).