Public Management

Côte d'Ivoire provides largest foreign investments in Senegal in Q1 2019

Côte d'Ivoire provides largest foreign investments in Senegal in Q1 2019
Friday, 26 July 2019 17:57

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

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Africa Re reports net profit of $199 million in 2025, up 50.62% year-on-year. Investment income reaches record $114 million while FX losses...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchise. Transaction may alter Servair Abidjan revenue...
Africa’s ultra-wealthy population expected to rise 15% by 2031 Continent’s share of global wealth declines amid faster growth...
Togo holds talks with IMF and World Bank during Washington meetings Focus on tools to manage crises and protect vulnerable...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
03

Ecobank Transnational Incorporated asked shareholders to vote on a $500 million Tier 2 Eurobond...

Ecobank Calls Vote on a New $500 Million Bond, With Eyes on a June 2026 Capital Cliff
04

Africa produces what it doesn’t consume, and consumes what it doesn’t produce. That stark line captu...

“Private Investors Are Not Philanthropists: Risk Must Be Shared” — Tarek Toko Chabi, BOAD
05

Funding part of $250 million raise to boost investor confidence Fintech expands services, pr...

Nigeria Approves $75 Million Investment in Flutterwave Ahead of NGX Listing
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.