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Ochieng: Stability in Ivory Coast Attracts Investments

As voters in Ivory Coast prepare to cast their ballots this Saturday, incumbent President Alassane Ouattara is poised to secure a fourth term in office. The election has sparked controversy, particularly with the disqualification of several prominent opposition candidates, including former Credit Suisse CEO Tidjane Thiam and ex-President Laurent Gbagbo. Both Thiam and Gbagbo have labeled the electoral process as unconstitutional, raising concerns about the legitimacy of the upcoming vote.

Beverly Ochieng, a Senior Analyst for Francophone Africa at Control Risks, shared insights on the situation during an interview with Bloomberg’s Horizons Middle East and Africa anchor, Joumanna Bercetche, and Chief Africa Correspondent, Jennifer Zabasajja. Ochieng emphasized that the current stability in Ivory Coast is a significant factor in attracting foreign investments, despite the political tensions surrounding the election.

The political landscape remains crucial as the nation approaches this pivotal moment. Investors are closely monitoring the developments, as stability could lead to enhanced economic opportunities in the region. Ochieng’s analysis highlights the delicate balance between political dynamics and economic growth in Ivory Coast.

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