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
The agreement focuses on trade finance and cross-border payments, including in renminbi It builds on a partnership between the two banks that began...
BEAC forecasts a gradual rebound in CEMAC foreign reserves from 2026 onward Reserves are projected to exceed CFA7,000 billion, or more...
MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for unbanked users via the MoMo app The initiative...
Sector revenue rose 6.2% after a contraction in the previous quarter International transfers led growth, especially flows outside CEMAC User...
Most Read
01

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
02

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
03

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
04

Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...

Airtel Africa Partners With SpaceX to Roll Out Starlink Direct-to-Cell
05

Central bank launches project for real-time transfers across banks and mobile wallets System aims...

Guinea readies instant payment system to speed transactions and cut cash use
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.