Côte d'Ivoire aims to achieve average economic growth of 7.65% between 2021 and 2025, in line with its National Development Program (NDP). To attain this goal, the government is stepping up measures to accelerate the structural transformation of the economy.
The Ivorian government is preparing the construction of a new industrial zone in San Pedro, in the southwest of the country. According to information reported following the Ministers’ Council last March 9, the project will cover nearly 540 ha.
“The holders of customary rights, final title to the project rights-of-way, tenants or their assigns will receive compensation according to the regulations in force. Also, any transaction, any new construction, even precarious, any work likely to change the state of the soil, relating to this area are prohibited,” the statement reads.
The construction of this new industrial zone is part of the implementation of an agreement between the Ivorian government and the Arise Ivoire group, signed on 25 August 2020, in Abidjan. The agreement concerns the establishment of three industrial-economic centers in Akoupé Zeudji (Abidjan), San Pedro (southwest), and Ferkessédougou (north) for nearly $1.7 billion. Once completed, the San Pedro industrial center will be the third in operation after those of Yopougon and Akoupé Zeudji.
As a reminder, on May 11, 2021, the Ivorian Minister of Trade and Industry, Souleymane Diarrassouba, launched the Project to Improve Services to Industries in Côte d'Ivoire (PASI-CI). The project is backed by the African Development Bank (AfDB) Group and aims to help the beneficiary “mobilize funds from technical and financial partners for the industrial sector.”
Jean-Marc Gogbeu, intern
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
MTN Ghana completes separation of mobile money into new entity Move aims to boost fintech growth ...
Ethiopia rolling out nationwide EV charging network, EEU says First phase includes 40 stations, mainly in Addis Ababa Plan supports rapid EV growth,...
Angola issues $185 million bonds to recapitalize TAAG Move aims prepare airline for partial privatization, attract investors Restructuring...
PETROCI raises 200 billion CFA francs to fund Baleine project Financing supports Phase 2 expansion, prepares launch of Phase 3 Project boosts...
Senegal launches solar-plus-storage projects to boost grid stability Diass project adds first battery system, backed by KfW, AFD Linguère...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...