News & Current Affairs
Ivory Coast’s Economic Revival Sparks Hope for a Second Miracle
Once devastated by civil wars, Ivory Coast is now experiencing an economic resurgence. The nation, home to 31 million people, stands out in a region struggling with instability and inflation. Bernard Ayitee, a hedge-fund manager who grew up in the country, believes its economic potential is vast. In the 1980s, Ivory Coast thrived during the so-called “Ivorian miracle,” attracting workers from across West Africa. Now, with strong growth and a stable government, the country aims for upper-middle-income status within five years. As presidential elections approach, many wonder if a second economic boom is on the horizon.
Source: The Economist
