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
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Algeria has launched a national framework to align training with measurable skills The reform replaces a system of over 400 specialties with...
Ghana is receiving 100 buses assembled in Egypt to support public transport The delivery is part of a plan to acquire more than 300 buses in 2026 The...
Mozambique LNG is offering contracts to local firms across construction, logistics, and services The move aligns with government efforts to boost local...
Guinea is preparing export restrictions to support falling global bauxite prices The move follows a sharp price drop and rising logistical...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...