Ivory Coast will sell $500 million of Eurobonds before the end of next month, its first issue on the international market since a default more than three years ago, Prime Minister Daniel Kablan Duncan said.
Ivory Coast’s president-elect, Alassane Ouattara , called on the European Union to lift sanctions on the key cocoa-exporting ports of San Pedro and Abidjan to revive an economy devastated by four months of conflict.
Ivory Coast’s president, Alassane Ouattara , is rewarding the allies that stood by him during a post-election crisis with key posts being handed to an opposition coalition, said Gilles Yabi , West Africa director of the International Crisis Group.
Ivory Coast’s president, Alassane Ouattara , named his first ministerial cabinet since taking office after a disputed election, retaining Guillaume Soro as prime minister and Charles Koffi Diby as finance minister.
The Economic Community of West African States said President Laurent Gbagbo agreed to negotiate an end to the political crisis in Ivory Coast and will lift a blockade of the headquarters of his opponent, Alassane Ouattara . The country’s Eurobonds gained for the first time in five days.
Ivory Coast’s President Laurent Gbagbo will probably face opposition leader and ex-Prime Minister Alassane Ouattara in a runoff after neither candidate won a majority of the votes in an Oct. 31 presidential election.