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imported 2024-03-17 17:43:07

Investment Strategy of the Leading Company in Côte d’Ivoire

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.

Côte d’Ivoire Outlook and Current Situation

The leading group in Côte d’Ivoire, SIFCA is bullish on the future of this African country. Bertrand Vignes, the CEO says “If stability continues the country is to become the future engine of the regional growth.” The largest economy in francophone West Africa will trigger the growth of the surrounding economies. The country has to invest in infrastructure to shorten the gap between Asia and Africa.

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