With a stated goal of having industry account for close to 40% of the country’s economy by 2020, up from 25% currently, the authorities are focusing on the development of new industrial zones to cater to emergent manufacturing capacity. The effort involves revamping existing economic zones and developing new areas to be managed under public-...
With economic growth pushing household incomes upwards in Côte d’Ivoire, new opportunities are arising for retailers and the development of fast-moving consumer goods (FMCG). The improvement of domestic conditions, coupled with a rising population, is leading several global FMCG manufacturers to set up local production facilities to cater for...
Once considered West Africa’s industrial powerhouse, Côte d’Ivoire’s manufacturing sector was badly affected by a decade of political unrest that curtailed further expansion. However, this is gradually being reversed as political stability and consecutive years of economic growth are enhancing the environment for industrial development and...
With improved conditions for exploration on the ground and a stronger regulatory environment, Côte d’Ivoire’s mining potential is attracting growing attention from foreign exploration companies. Although the development of the sector still lags behind some of its neighbours, such as Ghana, mining exploration is becoming increasingly important...
Created in 2006, Bahrain Mumtalakat Holding Company owns controlling or significant stakes in many of the kingdom’s major businesses and has made strategic investments in companies in other countries. A core aspect of Mumtalakat’s portfolio revolves around managing the government’s commercial interest in many of the country’s most significant...
In October 2016 Alba secured the biggest corporate loan in the history of the kingdom, as conventional and Islamic banks offered it $1.5bn in the first tranche of funding that will finance the $3bn potline six expansion. The government’s investment arm, Mumtalakat Holding Company, controls 69.38% of Alba, and the project is a key component of...
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