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
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
Carlyle is assessing whether it can buy Lukoil’s foreign assets worth about $22 billion. The...
Niger installs 1,031 km of fiber across five national corridors Project aims to connect with Beni...
Senegal launches startup initiative to boost innovation and financing access Plan targets 500+ certified startups, 150,000 jobs by 2034 Certified...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims to link Chad to regional and global networks...
DRC extends mining ban on 38 sites in rebel-held Kivu regions Move aims to curb M23 funding from illegal mineral exploitation UN reports $70M...
SolarX secures €15M loan from Afrigreen Fund to expand in West Africa Funds to refinance assets, support solar projects in four countries ...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...