The Ivorian market is showing new trends and patterns that are shaping its future. From market valuation to sector performance, and from real estate to eCommerce, various factors are at play. This article dives into these trends to provide a clear picture of the current state of the market and what might lie ahead.
Key Takeaways
The Ivorian market is currently trading near its three-year average PE ratio of 8.5x.
Earnings for listed companies have grown by 14% per year over the past three years, while revenues have grown by 13% per year.
Urbanization is a key driver in the real estate market, increasing demand for housing and commercial properties in cities.
Electronics is the largest segment in the Ivorian eCommerce market, making up 23.5% of the revenue.
Despite global and regional political tensions, the Ivorian economy grew solidly at 6.4% in 2023.