
SUCAF CI, a subsidiary of the Somdia group, has inaugurated Côte d'Ivoire's first sugarcane distillery at its Ferké 2 production unit. The ceremony, held on Thursday, May 7, 2026, was attended by the Minister of Planning and Development, Dr. Souleymane Diarrassouba, and presided over by the Minister of Agriculture, Bruno Nabagné Koné, under the patronage of Vice Prime Minister Téné Brahima Ouattara. This industrial infrastructure, which cost 18 billion FCFA, is part of a circular economy strategy to valorize sugarcane co-products. The distillery will produce up to 12 million liters per year of food and technical alcohol from molasses, aiming to reduce the country's dependence on foreign alcohol markets by 50%. According to Anthony Ahiaba, General Manager of SUCAF-CI, this project is expected to create approximately 100 direct and 300 indirect jobs, contributing to youth employment. Olivier Parent, CEO of Somdia, stated that this new unit reflects the group's vision for an integrated, circular, resilient, and value-creating African agro-industry, marking a new step in the group's diversification in Africa. Gregory Clerc, General Manager of the Castel group, highlighted the project's entrepreneurial spirit and its role in better integrating the group's supplies in Côte d'Ivoire. SUCAF CI has operated in Côte d'Ivoire since 1997 and manages two sugar complexes in Ferkessédougou.
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Must ReadThe Rally of Houphouëtists for Democracy and Peace RHDP has welcomed the Ivorian government's decision to dissolve the Independent Electoral Commission CEI, announced after the Council of Ministers on Wednesday, May 6, 2026. In a statement signed by its Executive Secretary, Ibrahima Cissé Bacongo, on May 8, the ruling party acknowledged the decision, noting that the CEI had organized and supervised various elections in Côte d'Ivoire for the past twenty-five years. Despite its efforts, the electoral body had consistently faced criticism from political actors and civil society organizations. The RHDP expressed satisfaction that the government addressed these concerns by dissolving the institution. The party reaffirmed its full support for President Alassane Ouattara, stating that he continues to demonstrate his responsiveness to citizens' needs for a peaceful, prosperous, and united Côte d'Ivoire. The RHDP urged political actors and civil society organizations to fully engage in preserving peace and trust to establish a new electoral management mechanism that ensures calm elections in Côte d'Ivoire.
Must ReadThe Central Bank of West African States BCEAO hosted an international conference in Dakar on May 8, 2026, focusing on the opportunities and challenges presented by crypto-assets and digital innovations for monetary and financial stability. This event follows similar conferences in 2024 and 2025 on climate change and artificial intelligence, respectively. The conference aims to analyze the implications of these digital advancements and establish appropriate regulatory frameworks. Jean Claude Kassi Brou, Governor of the BCEAO, highlighted that crypto-assets, digital payment platforms, and the increasing digitalization of financial services are reshaping financial intermediation and challenging traditional regulatory and supervisory frameworks. He emphasized that while these tools are powerful drivers of modernization, they also introduce risks and vulnerabilities, calling for rigorous international dialogue on emerging digital finance issues. The BCEAO has initiated structural actions to support this transformation. Cheikh Diba, the Senegalese Minister of Finance and Budget, noted that these innovations offer unprecedented opportunities but also demand increased collective responsibility to address complex challenges related to regulation, security, and stability. He identified key risks such as the growth of shadow banking, excessive volatility in crypto-asset markets, fraud, money laundering, terrorist financing, cyberattacks, and operational vulnerabilities. Diba expressed o
Must ReadThis article features an excerpt from the speech delivered by former President Laurent Gbagbo during the Central Committee meeting on May 7, 2026. The speech was published on Friday, May 8, 2026, by Autre Presse TV. The article is part of a larger collection of political activities from 2025-2026 on Abidjan.net, which also includes other news such as the dissolution of the CEI, the appointment of Ibrahime Coulibaly Kuibiert as President of the Council of State, and the adoption of the PND 2026-2030 by the Senate in Yamoussoukro.

Ivorian Prime Minister Robert Beugré Mambé met with Tareq Muhmood, the regional president for Visa's CEMEA Central and Eastern Europe, Middle East, and Africa zone, on Thursday, May 7, 2026, in Abidjan-Plateau. Muhmood expressed Visa's intention to expand its activities in Côte d'Ivoire, highlighting the country as a "fantastic environment" for growing their business. He noted that this expansion aims to support digital payments within Côte d'Ivoire and neighboring West and Central African countries, fostering financial inclusion and economic development. Muhmood also emphasized Visa's goal to significantly contribute to the growth of the Ivorian economy, particularly through developing tourism and ensuring visitors can easily make payments to local merchants and economic operators. Visa officially opened its regional office in Abidjan in November 2017, following a memorandum of understanding.