C Ô T E
D ’ I V O I R E
034
W estern
A frica :
C ôte d ’ I voire
Western Africa: Côte d’Ivoire Overview Côte d’Ivoire has a GDP of USD $45 billion and population of 26.4 million in 2020.145,146 It has approximately 203,000 small- and medium-sized enterprises (SMEs) that provide 735,000 jobs. The International Monetary Fund’s initial estimates (post-COVID-19), expect Côte d’Ivoire’s economy to grow at a rate of 8.7% in 2021, an adjustment of +1.3% from pre-COVID-19 estimates.147 The government’s fiscal stimulus packages of USD $2.1 billion should not only mitigate the impact of COVID-19 but also propel the country’s economy to higher GDP growth.148 This study estimated that 9,100 social enterprises are operating in Côte d’Ivoire as of 2020, offering direct employment to 33,000 people.149 Côte d’Ivoire’s population is expected to grow by 2.8% annually,150 leading to a working age population (15-64) of 19.3 million people in 2030.151,152 This study projects there will be approximately 42,400 direct jobs in social enterprises in Côte d’Ivoire by 2030, adding 9,400 jobs from 2020. As discussed further below, local and international programs, government support, and the increased adoption of mobile money services would enable to drive this growth. Figure 13 shows the total number of direct jobs in social enterprises in 2020 and 2030 (projected). 50 K
42,432 40 K
32,987 30 K
20 K
10 K
0
Number of jobs 2020
Number of jobs 2030
Figure 13: Estimated direct jobs in social enterprises in Côte d’Ivoire 2020-2030
