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Ivory Coast: Burkina first foreign investor country in 2023

On February 22, 2024, the Director General of the Investment Promotion Center in Côte d’Ivoire, Solange Amichia, took stock of the 2023 activities of her structure. The one-stop shop for investment in the country has mobility of 1,000.15 billion CFA francs of approved private investments.
And Burkina Faso comes first in these investments, with 11% of the amount, or 1.10 billion CFA francs. Private investors from Burkina have injected money into RCI in the areas of cement (San Pédro), packaging and transport. A situation which can be explained by the presence of small Burkinabe traders, entrepreneurs and large investors.
The country of Men of Integrity is followed by Turkey with 7% of foreign investments in 2023, particularly in the supply of manufacturing products. China, France and Togo each record 5% investment in 2023.
Regarding the 2024 outlook for the promotion of investments in Côte d’Ivoire, CEPICI intends to continue the execution of the strategy of targeting investments in the priority sectors of the National Development Plan (PND) and increase the conversion rate of intentions captured in actual investments.
Regarding private investments to be mobilized by CEPICI in 2024, she indicated that they amount to 1,454 billion FCFA.
Created in 1993 and restructured in September 2012, CEPICI is the government tool for promoting private investment in Côte d’Ivoire. As a result, it coordinates all initiatives and actions in terms of investment promotion and private sector development.
Writing

RAF

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