$100 Bn
Market Size
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Africa's agricultural powerhouse! Turn crops & livestock into high-value food & beverages.
Africa's agricultural powerhouse! Turn crops & livestock into high-value food & beverages.
$100 Bn
Market Size
Côte d'Ivoire is a major producer of cash crops like cocoa, cashew nuts, and coffee. ZIC-based processing facilities can play a crucial role in adding value to these crops before export, increasing export revenue for the nation. The Ivorian government actively fosters the development of the agro-processing sector, creating a supportive environment for your investment. Potential tax breaks on imported processing machinery and reduced duties on exported processed food products can significantly enhance your profitability.
The West African food processing industry is projected to reach a staggering USD 100 billion by 2025, highlighting the vast regional market ZIC-based processors can access. Furthermore, a rising Ivorian middle class with increasing disposable income translates to a significant domestic demand for processed and packaged food products. This creates a substantial customer base right at your doorstep within ZIC. Additionally, Côte d'Ivoire currently relies heavily on imported processed foods. By establishing your processing facility within ZIC, you can contribute to import substitution and enhance the nation's food security.
Rubber Processing
Export Value
$1.9 Bn
Annual Production
1.5 MMT
Palm Oil
Market Size
$70 Bn
Cashew
Demand
4 Mn MT
Export Value
700,000 MT
Fruit Processing
Market Size
$135.37 Mn
CAGR
6.83%
Forecast
$188.36 Mn
Cocoa
Market Size
$11.06 Mn
CAGR
2.43%
Forecast
$12.17 Mn
Cotton
Beverage
Market Size
$27.42 Mn
CAGR
1.66%
Forecast
$29.78 Mn
June 6, 2024
Vice-President of Benin Republic Visit Textile and Cashew units at GDIZ Benin
June 21, 2024
Top 18 Investment Sectors in Africa With Unprecedented Business Growth Potential
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