Investment in the ICT and Telecom Sector: Opportunities and Challenges in Investing
There are many opportunities for investors in the Côte d’Ivoire ICT sector.
imported 2024-03-17 17:43:07
There are many opportunities for investors in the Côte d’Ivoire ICT sector.
Mahamadou Sylla, Deputy CEO of IPS WA, discusses the investment and economic opportunities and challenges in West Africa in a broad range interview for the Marcopolis.net business report on the country.
Africa is the future of the global economy. Alink Telecom talks about the implications of the ICT investments and the future. As the ITU report stated, each dollar invested in the telecom sector reduces the level of poverty in the country.
Batelco received the Award for Companies Holding ISO Certificates.
In a video interview, Mr. Eholie, an Ivorian entrepreneur, offers his advice for the international investors that consider investing in West Africa.
SIFCA’s partners are Wilmar (Wilmar International Limited is an investment holding company engaged in the provision of management services to its subsidiaries. It operates in five segments: palm and laurics comprises the merchandising and processing of palm oil and laurics related products) and Olam (Olam International Limited operates as a supply chain manager and processor of agricultural products and food ingredients primarily in Asia, the Middle East, Australia, and Africa. The company engages in sourcing, processing, packaging, and merchandising agricultural products. It operates in five segments: Edible Nuts, Spices and Beans).
The CEO of SIFCA reveals the investment strategy of the one of the leading company in Cote d’Ivoire. The company invests while economic conjuncture is favorable (i.e. elevated prices of commodities – rubber, palm oil and sugar) and divest when the prices are low. Currently, SIFCA is investing in improving the capacities and efficiencies for the palm oil refineries and replanting the palm oil farms to reduce costs.
Brazil is going to invest R$214 billion (U.S.$ 122 billion) to build hydroelectric, solar and wind power projects in the next decade.
Bouaké Fofana, General Director of Ageroute (Ministère des Infrastructures Economiques)
Ageroute is charged with the management and support of road projects in Côte d’Ivoire. The current infrastructure, especially the road network, in Côte d’Ivoire is in a bad shape as there were no new roads built in the past 10-15 years. The planned rehabilitation of thousands of kilometers of roads in Côte d’Ivoire should create 5,000 permanent jobs in the next 5 years.
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M. Mathieu Kadio-Morokro, Président de Petro Ivoire, parle de la rentabilité sur les segments du gaz, des réseaux et des lubrifiants en Côte d’Ivoire.
M. Mathieu Kadio-Morokro, Président de Petro Ivoire, entreprise pétrolière privée de Côte d’Ivoire, parle d’investir dans le GPL en Afrique de l’Ouest et de sa rentabilité. L’investissement dans les segments du gaz, des réseaux et des lubrifiants doit permettre d’atteindre un retour sur investissement d’environ 20%. En plus d’augmenter la rentabilité, ces produits à forte marge vont également créer de l’emploi. Petro Ivoire pourra ainsi diminuer les risques de défauts de paiment sur les marchés étatiques.