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
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
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...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
Burkina Faso suspends 2025-2026 shea-nut exports to aid local processors Authorities cite raw material shortages, smuggling to neighboring countries ...
Madagascar signs new tourism deal with South Korea’s Good People International Plans include tourism office in South Korea, agritourism project in...
Talks resumed after CEO change; no formal agreement signed yet Mine's future uncertain amid Barrick’s shift toward Americas operations The Malian...
Algeria drafts new public communication strategy to combat misinformation Plan includes new media regulator, ethics council, and press card system ...
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...