Monday, May 12, 2014

Business Opportunities in Ivory Coast

   


when asked the question  should we still invest in africa? jean-louis castelnau deputy chairman of the french counsil of foreign investors in africa replied " of course! we are not charities if we do not find our account in africa we would not still be there, moreover large groups are always present in the continent" ,some people think investment in Africa is a waste of money or it is too risky stuff like that well if you are one of those persons sorry to disappoint you but there is some opportunities in the continent.

With a population of more than 22 millions of inhabitants  , Ivory Coast  has a gross national income per capita of more than 1,700 dollars per year  ,first economy  in the west African economic union  in which she has more than 40%  of GDP the country has set the goal of joining the ranks of emerging countries in 2020 .in order to reach that objective  the government is undertaking some new reforms  for  example it is now possible to create  an enterprise in 48 hours because all offices involved in the creation process have been merged together  in the  same building.

after a decade of crisis  ended by  a  3 months electoral dispute in 2010 , the country  is now  turning the page and working  toward its 2020 goal of joining  the rank of developing countries.Ivory Coast before the crisis  was well known to be one of Africa most  peaceful countries , a record now held by a neighboring country  Ghana .

so i was saying there ar some good business opportunities  in the Ivory Coast , ok here is a list of sector and example of investment possible 
infrastructures, building and civil engineering works sector
Building rehabilitation, constructions of railroads, the Abidjan urban train  etc…
.mines,  energies ,hydrocarbons
Development  of  Solar power ,  expand the supply of electricity etc…
. tourism  
Constructions of 5 stars ,3 stars  hotels
.education, employment  and health                                                                       
Constructions of  : student hall , hospital, modern libraries ,universities ,equipment and  exploitation of the national center of radiology.
.industry , agriculture , animal etc..

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