First Independent Mena Newspaper
The African Development Bank, AfDB, rubber-stamped Tuesday a €400 million partial credit guarantee for Côte d’Ivoire, to support the mobilization on international financial markets for strategic environmental, social and governance (ESG) projects. “The partial credit guarantee will enable Côte d’Ivoire to raise long-term financing from commercial banks, in line with its ESG Framework. Côte d’Ivoire […]
The Arab Bank for Economic Development in Africa (BADEA) and Cote d’Ivoire signed Monday a loan agreement worth $75 million to be used for the construction of 7,500 social and economic houses to address the housing crisis dogging the West African country. Sidi Ould Tah, Director General of the bank and Adama Coulibaly, Finance Minister […]
Côte d’Ivoire has set up for the first time a Court to sue people involved in road accidents as authorities strive to cut down on road accidents. The court, referred to as “Tribunal de simple police” was established on Friday July 7 within Abidjan-Plateau Court of first instance. The Tribunal for its inauguration addressed two […]
The International Finance Corporation (IFC), the World Bank’s arm for the development of the private sector in developing countries, has signed a partnership agreement with Orange Bank Africa (OBA), Orange Group’s digital bank, to “enable the smallest businesses in West Africa to access the financing they need to grow”. As part of the deal signed […]
Sunu Finance group has pulled out as main shareholder from Cote Ivoire’s trade and industry bank BICICI now controlled by a State-run consortium, “Sika Finance” reports. The holding has sold its 19.11 shares for $35.6 million to Abidjan-based Brandon & MCain Capital, an investment firm founded by Ahmed Cisse, the President of Côte d’Ivoire’s employers’ […]
Five people were killed Sunday in a landslide in the popular Commune of Yopougon of the Ivorian economic capital Abidjan washed by heavy rains. “On Sunday June 11 at 03H11 mn, the 4th Yopougon brigade company was alerted about a landslide in Yopougon’s millionaire district, at the height of Saint Louis junior secondary school in […]
The Ivorian Government inked Tuesday three Memorandum of Understanding (MoU) worth $450 million for three projects to increase sustainable economic growth, job creation and private sector development, Anadolu news agency reports, citing a communique issued by national steering Committee for public-private partnerships. The agreements were signed on the sidelines of the Africa CEO Forum held […]
Morocco’s Saharan region of Dakhla Oued-Edahab is expanding the circle of its regional and international alliance for shared progress and prosperity in the new world order taking form. After having signed lately twinning agreements with U.S. Hollywood city and Peru’s “Pueblo Libre” in Lima, the Moroccan Saharan region sealed on Tuesday a Memorandum of Understanding […]
Cote d’Ivoire’s economic capital Abidjan will on October 04-07 “ECO CIR 2023”; the African continent’s summit on Circular Economy. The event is backed by the Abidjan Autonomous District headed by Robert Beugré Mambé. The district has positioned itself as an important player in the promotion and development of the circular economy in the West African […]
Like many state and private Moroccan companies, waste management company Arma said it plans to set up a waste management plant in Abidjan where it is finalizing deals with suppliers. The company’s CEO Youssef Ahizoun told Reuters the plastic waste recycling plant would be ready within few months. Arma investment would be the first by […]