​Ivory Coast, once marred by civil unrest, has emerged as a beacon of economic resilience in West Africa. With annual growth rates between 6% and 7%, the nation's GDP has surged from under $43 billion in 2013 to nearly $70 billion in 2024.  

Diversification efforts have propelled this growth. Traditionally reliant on cocoa and cashew exports, Ivory Coast is expanding its oil sector. Recent offshore discoveries, like the Baleine and Calao fields, are projected to boost oil production from 60,000 to 200,000 barrels per day by 2027, attracting over $15 billion in investments. ​ 

The nation's stability and economic reforms have fostered a business-friendly environment, attracting both local entrepreneurs and foreign investors. Hosting events like the African Cup of Nations has further showcased its infrastructural advancements and commitment to growth. ​ 

Despite these achievements, challenges remain. Poverty rates have declined from 46% to 39% between 2015 and 2020, yet income inequality persists. Addressing these disparities is crucial for sustainable development. ​  

In summary, Ivory Coast's strategic diversification and economic policies have positioned it as a rising star in Africa's economic landscape.​

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