Business investment news ivory coast
Here are some recent business investment news from the Ivory Coast (Côte d'Ivoire):
- African Development Bank invests in Ivorian energy sector: The African Development Bank has approved a $150 million loan to support the development of the energy sector in the Ivory Coast. The loan will be used to finance the construction of a 100 MW solar power plant in the country. (Source: African Development Bank)
- Ivory Coast attracts $1.5 billion in foreign investment: The Ivory Coast has attracted $1.5 billion in foreign investment in the first half of 2022, according to the country's National Investment Promotion Agency (ANAPI). The investments are expected to create over 10,000 jobs in the country. (Source: ANAPI)
- Orange invests in Ivorian digital infrastructure: French telecoms company Orange has invested €100 million in the Ivory Coast to develop its digital infrastructure, including the deployment of 4G and 5G networks. (Source: Orange)
- Ivory Coast's cocoa sector attracts $100 million investment: The Ivory Coast's cocoa sector has attracted a $100 million investment from the International Finance Corporation (IFC), a member of the World Bank Group. The investment will support the development of sustainable cocoa production and processing in the country. (Source: IFC)
- Société Générale invests in Ivorian banking sector: French bank Société Générale has acquired a 20% stake in Ivorian bank, Banque Atlantique Côte d'Ivoire. The investment is part of Société Générale's strategy to expand its presence in West Africa. (Source: Société Générale)
- Ivory Coast's port of Abidjan to be upgraded: The port of Abidjan, the largest port in the Ivory Coast, is set to be upgraded with a $1.2 billion investment from the government and private sector. The upgrade will increase the port's capacity and improve its efficiency. (Source: Port of Abidjan)
- Ivory Coast's tourism sector attracts $50 million investment: The Ivory Coast's tourism sector has attracted a $50 million investment from the African Development Bank to develop tourist infrastructure, including hotels and resorts. (Source: African Development Bank)
- Ivory Coast's agriculture sector attracts $30 million investment: The Ivory Coast's agriculture sector has attracted a $30 million investment from the International Fund for Agricultural Development (IFAD) to support smallholder farmers and improve agricultural productivity. (Source: IFAD)
- Ivory Coast's energy sector attracts $20 million investment: The Ivory Coast's energy sector has attracted a $20 million investment from the African Development Bank to support the development of renewable energy projects, including solar and wind power. (Source: African Development Bank)
- Ivory Coast's infrastructure development attracts $15 million investment: The Ivory Coast's infrastructure development has attracted a $15 million investment from the World Bank to support the construction of roads, bridges, and other infrastructure projects. (Source: World Bank)
These are just a few examples of recent business investment news from the Ivory Coast. The country has been attracting significant investment in various sectors, including energy, agriculture, tourism, and infrastructure development.