How the Cocoa Price Collapse Risks Derailing Cote d’Ivoire’s Recovery

Workers load cocoa beans for shipment, Abidjan, Ivory Coast, May 10, 2011 (AP photo by Emanuel Ekra).
Workers load cocoa beans for shipment, Abidjan, Ivory Coast, May 10, 2011 (AP photo by Emanuel Ekra).
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In 2015, Cote d’Ivoire’s president, Alassane Ouattara, coasted to re-election, scoring a landslide win over a divided opposition. In 2016, he basked in Cote d’Ivoire’s designation by the International Monetary Fund as Africa’s fastest-growing economy. That year also saw the adoption of a new constitution that Ouattara hoped would help the country definitively turn the page on a prolonged era of crisis and conflict. This year, by contrast, is proving to be much more difficult. Already, 2017 has brought a series of mutinies by the security forces as well as a large-scale strike in the public sector. All the while, […]

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