United States. Central Intelligence Agency

“ Despite government attempts to diversify the economy, it is still heavily dependent on agriculture and related activities, which engage roughly 68% of the population. After several years of lagging performance, the Ivorian economy began a comeback in 1994, due to the 50% devaluation of the CFA franc and improved prices for cocoa and coffee, growth in nontraditional primary exports such as pineapples and rubber, limited trade and banking liberalization, offshore oil and gas discoveries, and generous external financing and debt rescheduling by multilateral lenders and France. ”

“ Cote d'Ivoire is among the world's largest producers and exporters of coffee, cocoa beans, and palm oil. Consequently, the economy is highly sensitive to fluctuations in international prices for these products and to weather conditions. ”

“ Close ties to France since independence in 1960, the development of cocoa production for export, and foreign investment made Cote d'Ivoire one of the most prosperous of the tropical African states, but did not protect it from political turmoil. On 25 December 1999, a military coup - the first ever in Cote d'Ivoire's history - overthrew the government led by President Henri Konan BEDIE. Junta leader Robert GUEI held elections in late 2000, but excluded prominent opposition leader Alassane OUATTARA, blatantly rigged the polling results, and declared himself winner. ”