The Ivorian government announced this week it has opened a minibus assembly plant in Abidjan, the first in the country. This initiative, which aligns with the state industrialization strategy, will be piloted by the Abidjan Transport Company SOTRA with vehicle manufacturer Iveco as a technical partner.
The -Daily Ivoire- unit will produce 1,000 minibusses per year, including vehicles that can be turned into ambulances, refrigerated vans, utility vehicles for transporting materials, and other goods. Bouaké Méité, Head of SOTRA, said the project will lift 500 people out of unemployment.
As a reminder, Côte d'Ivoire officially launched the Project to improve service provision to industries (PASI-CI) in May 2021. Developed closely with the World Bank, this project, PASI-CI is a component of the government’s industrial policy. Ultimately, the project will “provide 3 deliverables on the feasibility study for the creation of the industrial development fund, the technical study for the development of the Assouba industrial zone in the department of Aboisso, and the monographic study of the existing industrial zones of San Pedro.”
Jean-Marc Gogbeu (intern)
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mobile phones have become essential tools for work, education, payments and staying connected across...
Ecobank Transnational Incorporated asked shareholders to vote on a $500 million Tier 2 Eurobond...
Africa produces what it doesn’t consume, and consumes what it doesn’t produce. That stark line captu...
Funding part of $250 million raise to boost investor confidence Fintech expands services, pr...
Niger adopts draft decree to regulate firearm acquisition, possession, and use New framework introduces stricter controls, traceability requirements,...
Chad and Algeria sign agreement to study a 20,000 bpd refinery project Chad continues to import large volumes of refined products despite crude output...
South Africa plans to invest $121 billion in rail modernization by 2050. Freight demand exceeds current rail capacity by over 100 million tonnes...
Nigeria increases local solar panel manufacturing capacity from 120 MW to 300 MW. Authorities target import substitution and rural electrification...
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...