1. Home
  2. West Africa
  3. Côte d’Ivoire

Businesses incur heavy losses

Banks and other business in various towns in Cote d’Ivoire incurred heavy losses during the 4-5 July protest by soldiers, according to various newspaper reports.

The official ‘Fraternite Matin’ said the CFAO, a conglomerate that includes a car dealership and a computer store, lost 13 million CFA (US $20,000) when men in uniform forced its director at gunpoint to open his cash register, before making off with 15 Mitsubishi 4x4s.

Four gas stations in one Abidjan suburb lost the equivalent of over US $30,000 in fuel stolen by the protesters, and cash, the paper said. ‘Notre Voie’, another daily, reported that more than 50 million CFA francs (about US $70,000) was stolen from banks and other businesses in the northern town of Korhogo, while other towns such as Bouake, in the centre, and Ferkessedougou in the north were also hit.


This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

Share this article

Our ability to deliver compelling, field-based reporting on humanitarian crises rests on a few key principles: deep expertise, an unwavering commitment to amplifying affected voices, and a belief in the power of independent journalism to drive real change.

We need your help to sustain and expand our work. Your donation will support our unique approach to journalism, helping fund everything from field-based investigations to the innovative storytelling that ensures marginalised voices are heard.

Please consider joining our membership programme. Together, we can continue to make a meaningful impact on how the world responds to crises.

Become a member of The New Humanitarian

Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

Join