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  • Economic cooperation: CEPICI to win over British investors 10/28/2022

    Oct 28th, 2022

    From October 18 to 20, 2022 in London, the 1st forum of French-speaking countries of West and Central Africa (UK-Francophone West and Central Africa) was held in London in the presence of several Ministers and Directors General of target countries. CEPICI, the Center for the Promotion of Investments in Côte d'Ivoire, as a member of the Ivorian delegation, took an active part, with the Minister of Trade, Industry and Promotion of SMEs, Mr. Souleymane DIARRASSOUBA. The objective is to present the reasons why Côte d'Ivoire is the leading country in attracting investment in French-speaking Africa and above all to present the various projects resulting from the PND 2021-2025; making it possible to achieve the objectives of the 2030 vision, of a United Côte d'Ivoire advocated by HE Mr. Alassane OUATTARA, President of the Republic. During this forum, the Director General of CEPICI met several British investors, including the British International Institute (BII), the largest British institution for financing cooperation agreements and bilateral projects. The objective of this meeting was to discuss, with this institution, the financing potential of the Ivorian private sector in its quest for the industrialization of the targeted sub-sectors of cashew and textiles. Following these fruitful exchanges, the BII decided to organize an official mission to Côte d'Ivoire in November, on the sidelines of the AfDB meetings, in order to deepen discussions with CEPICI with a view to implement a financing mechanism for the targeted sectors. The Director General also exchanged with the ENNOGEN group, one of the largest pharmaceutical groups which has shown itself available to support local Ivorian pharmaceutical companies as part of a license sharing project. Beyond the pharmaceutical industry, the group would be interested in the textile industry where it plans to go very soon to Côte d'Ivoire with a view to implementing a processing unit project. She demonstrated and reassured the audience that in addition to being a land of opportunities, Côte d'Ivoire has put in place a favorable framework for improving the business environment and securing investments. As such, CEPICI, one-stop shop for investment in Côte d'Ivoire, supports the investor throughout the life cycle of the project, from the idea to the operating phase and the expansion phase.