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Côte d’Ivoire: Trade with France soared 83% over the past four years

Thursday, 28 April 2016 14:42

(Ecofin Agency) - Ivorian Prime Minister Daniel Kablan Duncan said he is pleased with dynamism characterizing trade with France, that  surged to FCFA1,234 billion from FCFA673 billion between 2011 and 2015.

The official also indicated that France, in 2014, became Cote d’Ivoire’s fourth foreign direct investor. “In 2014, flows of foreign direct investments to Cote d’Ivoire reached FCFA209 billion, according to BCEAO data. I notice, with much pleasure, that France who contributed to 40.5% of this value is our fourth foreign direct investor, behind Mauritius, Morocco and India,” the Prime Minister said at the meeting between employers associations of both countries.

Recalling that Cote d’Ivoire was presently developing a National Development Plan for 2016-2020 and to be presented in Paris on May 17 and 18, 2016, Mr Kablan Duncan invited French investors to take part in the ambitious programme which has been estimated to cost FCFA30,000 billion ‘€45.7 billion.





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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