Ivory Coast: Potentials and Opportunities for Foreign Investors
Bruno Nabagné Kone, Minister of Post and ICT of Côte d’Ivoire and Government Spokesman, gives an overview of Ivory Coast, mentionning the country’s main potentials.
imported 2024-03-17 17:43:07
Bruno Nabagné Kone, Minister of Post and ICT of Côte d’Ivoire and Government Spokesman, gives an overview of Ivory Coast, mentionning the country’s main potentials.
“We have seen very interesting growth in this market over the years. Compulsory insurance picked up very quickly and this has really boosted our growth. Going forward, our growth depends on whether any new compulsory products are introduced to the market,” explains Raeed A. Al-Tamimi, CEO of Tawuniya.
“Most people do appreciate the need for insurance. Once people start using these insurance services they tend to see the benefits and are happy to continue purchasing insurance. At the same time, we need the enforcement to kick in properly,” explains Raeed A. Al-Tamimi, CEO of Tawuniya.
“Saudi Arabia is the most important economy in the region; the Middle East excluding the Saudi Arabian economy is like Asia excluding the Chinese or Indian economies,” explains Dr. Boutros Klink, CEO of Standard Chartered.
“The economy in Saudi Arabia is quite robust. Many initiatives have taken place and are ongoing to diversify away from the oil sector and to build up the non-oil component of the economy,” says Dr. Boutros Klink, CEO of Standard Chartered.
“Standard Chartered is very keen to assist in developing the secondary trading market in bonds and sukuks in the Kingdom,” argues Dr. Boutros Klink, CEO of Standard Chartered.
“There are five main drivers that make it a particularly strong economy: firstly, you have substantial capital investments made by both the government and private companies. Secondly, there is the strong non-oil GDP growth,” argues Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“For home finance, the banks and the dedicated mortgage companies are already extremely active in the market. The new mortgage law is very strong and supportive,” explains Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“The banking sector mirrors the economy, so the outlook is extremely bullish,” claims Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“The Saudi Arabian economy has taken significant strides. Our company, SATCO, being a classified contracting company with a first classification, stands to benefit significantly from the extensive opportunities in construction in particular,” says Dr. Ahmed Sindi, General Manager of SATCO.