During the first quarter this year, Côte d'Ivoire invested XOF13.51 billion ($23 million) in the Senegalese economy, the largest foreign investment over the period according to the Senegalese National Agency for Statistics and Demography (ANSD).
Other foreign investors are Switzerland, which invested XOF9.08 billion ($15.4 million), Sweden with XOF8.8 billion ($15 million) and China, which invested XOF8.66 billion ($14.7 million).
Most of the Ivorian investments in Senegal were captured by the secondary sector. XOF12.9 billion ($21.9 million) was injected into the construction of an oil mill, XOF580 million ($985,000) into two projects in the packaging industry, and XOF28.4 million ($48,200) was directed into a project on medical imaging.
In total, Côte d'Ivoire provided 10.6% of the total volume of foreign productive investment captured by Senegal, which in turn accounted for 41.5% of the country's investment during the period reviewed.
Moutiou Adjibi Nourou
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
West African officials met in Lomé to improve municipal finances for crisis response Talks focuse...
Launch led by Maroc Telecom, Orange, and Inwi Rollout targets 25% coverage by end-2025 under Digi...
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Ghana allocates $3.03B to Education Ministry in 2026 budget, up 18% Funds support free education programs, infrastructure, materials, and teacher...
Cameroon drafts law to regulate organic farming, targeting global market access Framework covers crops, livestock, aquaculture; bans GMOs and synthetic...
Cameroon unveils renovation plan for Douala Airport; work starts in H2 2026 XAF95 billion project includes apron expansion, terminal upgrade, and...
Built by Sinohydro with KFAED funding; aims to ease city traffic congestion Project part of Simandou 2040 strategy to boost infrastructure and economic...
The second edition of Salon International de la Musique d’Afrique (SIMA) launched in Cotonou on Thursday, November 13. This year's event in Benin marks a...
Benin approves Club Med resort in Avlékété to boost tourism sector 25-hectare site to feature 336 rooms, pools, spa, and sports...