Is Ivory Coast on the Road to Being a Developed Country?

Is Ivory Coast on the Road to Being a Developed Country?

By Andy Kemmer

After experiencing political upheaval and civil war, Ivory Coast’s economy has been rapidly developing since 2010. It is now West Africa’s second-largest economy and Africa’s fastest growing economy. Among the turmoil and the upheaval cocoa production has remained the biggest driver in Ivory Coast’s economy. As the country continues to develop and cocoa prices drop, the country is finding ways to encourage chocolate production and local chocolate businesses. Given the money in chocolate is greater than that in cocoa, chocolate production could push Ivory Coast over the top to becoming a developed country.

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• Botswana’s Booming Diamond Trade: How the Diamond Industry and Compliance with the Kimberley Process Helped Foster the Growth of a Nation in the Post-Colonial Era.

•	Botswana’s Booming Diamond Trade: How the Diamond Industry and Compliance with the Kimberley Process Helped Foster the Growth of a Nation in the Post-Colonial Era.

By: Kylie Cumback.

In the heart of sub-Saharan Africa, Botswana’s diamond industry has helped the nation thrive. A handful of sprawling diamond mines controlled by the most famous name in the diamond industry—De Beers—dot the country’s rugged terrain. In Fall 2017, Botswana underwent it’s third KP review—and pledged to remain transparent and follow the KP.

Image credit: : Seth Wenig/AP

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