As the world’s top exporter of cocoa and raw cashew nuts, a net exporter of oil, and with a significant manufacturing sector, Côte d’Ivoire is the largest economy in the West African Economic and Monetary Union.
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— The new report finds that Benin, DRC, Côte d’Ivoire, Senegal, and Togo are among the 10 top improvers worldwide, having improved business regulation the most in the past year among the 189 economies covered.
— In Côte d’Ivoire, 12,500 young men and women have been hired on six-month contracts to work on road maintenance in 16 cities across the country as part of a program that seeks to give unskilled youth their first job opportunity.
The World Bank Group’s emergency response to the Ebola crisis is to help stop the spread of infections, improve public health systems throughout West Africa, and assist countries in coping with the economic impact.
IDA is the part of the World Bank that helps the world’s poorest countries. Established in 1960, IDA aims to reduce poverty by providing loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions.