Public Management

Côte d'Ivoire raised $6.45 mln tourism investment at Hamburg round table

Côte d'Ivoire raised $6.45 mln tourism investment at Hamburg round table
Monday, 25 November 2019 15:16

Following an investment round table held last week in Hamburg, Germany, Côte d'Ivoire raised about $6.4 billion for its tourism sector, tourism minister Siandou Fofana (pictured) announced.

This amount is significantly higher than the $2 billion initially targeted by the government and will be pumped into 12 projects as part of the “Sublime Côte d'Ivoire” program. The latter aims to make the country one of the continent's main tourist destinations through the construction of 40 leisure parks in Abidjan and 31 parks in the main towns of the country. As well, the government plans to implement the “Triangle d’or” (Golden Triangle) project and make major investments in the hotel sector in the country’s central Belier region.

This announcement comes a few weeks after the Dubai round table, which had already enabled the Ivorian authorities to mobilize about $5 billion in investments for the “Sublime Côte d'Ivoire” program. Valued at 3,200 billion CFA Francs (about $5.5 billion), it seeks to increase the tourism share in GDP from 6.25% in 2018 to about 8% by 2025. 

Moutiou Adjibi Nourou 

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
I.M.F. completes two reviews, unlocking about $2.3 billion for Egypt Inflation has fallen sharply, and currency pressures have eased The...
Fiscal deficit cut to 3.1% of GDP Debt revised to 60.5% of GDP end-2024 The International Monetary Fund said on Tuesday, Feb. 24, it had...
Liquid repays ZAR loan and $220 million facility Secures $410 million new credit, $195 million equity Plans $300 million bond...
IMF mission begins in Gabon to review finances Public debt reached 72.5% of GDP in 2024 Talks may lead to new IMF-supported programme An...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...

Algeria–Morocco: Will the Gas Pipeline Duel Take Place? (Editorial)
03

West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...

BOAD Launches 2026–2030 Strategy With Boston Consulting Group Support
04

Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...

Africa’s Comeback on International Market: Kenya Adds-up to The 2026 Wave of Sovereign Issuances
05

Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...

Guinea's Largest Gold Mine Records 6% Output Rise in 2025
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.