Japan’s car company Toyota will soon set up a car assembly plant in Côte d’Ivoire. This is the purpose of an agreement the company signed yesterday August 29 in Yokohama, Japan, with the Ivorian government.
The document was signed by the Ivorian transport minister, Amadou Koné, and the CEO of Toyota, Ichiro Kashitani, on the sidelines of the 7th edition of the Tokyo International Conference on African Development that ends today.
According to an official statement, the plant’s construction will begin by the end of 2019 but no detail is given about the investment required and the plant’s capacity. With the completion of this project, Côte d’Ivoire will become the Car marker’s fourth industrial presence in Africa, after South Africa, Egypt and Kenya.
André Chadrak
• Ivory Coast is said to be negotiating a €800M syndicated loan with Standard Chartered and Soc...
• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfe...
Located on the southeastern coast of Zanzibar, Jambiani is a coastal village that captivates visitor...
MTN Uganda, MTN Mobile Money and the Uganda Hotel Owners Association signed an MoU on 1 August 202...
Liberia and Sierra Leone began free roaming this week Côte d’Ivoire–Liberia agreement expecte...
Backed by the Texaf Group, Silikin Village has, in just five years, become a key player in Kinshasa’s entrepreneurial ecosystem, offering 9,500 m² of...
Abdul Samad Rabiu is now the richest investor on NGX, with ₦15.23 Trillion in BUA Foods and Cement, surpassing Dangote. Aliko Dangote’s NGX wealth is...
Starlink lost 2,000 Kenyan users in Q1 2025, dropping to 17,066, as local ISPs grew 8%. High costs and 47 Mbps speeds drove users to cheaper,...
• Cameroon processed 109,431 tons of cocoa in 2024-2025, up 27.7% from 89,672 tons.• National cocoa output hit 309,518 tons, with 35% processed...
In the heart of the Malian city of Djenné, the world’s largest mud-brick building dominates the skyline: the Great Mosque. First built in the 13th...
• Tekken unveils "Miary Zo," a Malagasy female fighter who practices Moraingy, a traditional martial art.• She is the second African character in the...