Telecom

Orange invests $50.4 million in new headquarters in Côte d’Ivoire

Thursday, 23 November 2017 15:23

(Ecofin Agency) - In order to boost its presence in Côte d’Ivoire, the mobile operator Orange has started the construction of new headquarters which are estimated to cost CFA28 billion ($50.4 million) in the country.

According to Stéphane Richard (photo), CEO of Orange Group, who was present at the launch of construction works on Nov. 22, 2017, the building will regroup close to 900 workers dispatched across various municipalities of Abidjan. The works will last 24 months. 

The new investment made by the group, its CEO indicates, falls in line with its will to position itself both in Ivory Coast and West Africa in the long term. Looking at its size and economic dynamism, Côte d’Ivoire has a telecom market on which orange wishes to leverage more to expand its services in the region. A while ago however, it was Senegal that was holding this position. However, due to growth forecasts for Côte d’Ivoire; 8% in 2017, 8.1% in 2018 and 8.2% in 2019 according to the World Bank; and the position of the country in the West African Monetary Union (WAEMU), it is attracting many major international firms, not only Orange. 

Bruno Nabagné Koné, Ivorian minister of communication, digital economy and posts, said that since 2015, Orange has significantly contributed to the development of the country’s digital ecosystem. Indeed, the firm has invested CFA230 billion ($414 million) in the telecom sector to improve connectivity in the country. This has helped Côte d’Ivoire rise in the global connectivity ranking, based on its ITC development index.





 
Finance


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.