Cote d’Ivoire: where good rains instill Ouattara confidence

Summary: Higher than average rainfall anticipated for Cote d’Ivoire’s cocoa-growing regions will translate into an ameliorated political economic outlook for 2019. As presidential elections in 2020 approach, however, ethnopolitical divisions will spread as unfulfilled ambitions divide the country. Rainfall data published in Cote d’Ivoire July 16 indicate the country should expect higher-than-average cocoa output when beans are collected in the upcoming October to March harvest season. The development will raise President Alassane Ouattara’s political confidence, will mitigate against rising political risk in Cote d’Ivoire, and will help to offset oppositional political grievances in the cocoa-producing region of the country. Presidential …

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