Ivorian Prime Minister Daniel Duncan and a large delegation from his government will be taking part in the third edition of the AFRICA CEO FORUM, which will be held in Geneva on 16 and 17 March.
According to a statement by the African Media Agency, the AFRICA CEO FORUM, which brings together over 800 prominent figures from Africa and all over the world, has become the foremost annual gathering of top African business leaders. It should provide the ideal opportunity for Côte d’Ivoire to strengthen its ties with the community of financiers and decision makers converging on Geneva, and to discuss its development projects with them. [pro_ad_display_adzone id=”10″]
The forum is taking place just as Côte d’Ivoire has reported its third year year of strong economic growth: almost 10 per cent a year since 2012. Its 2015 budget amounts to over 5,000 billion F CFA (€7.6 billion), almost one third of which is earmarked for investment. It will be underpinned by fresh resources from the international financial markets: the country has just announced plans to issue another Eurobond, which is expected to meet with the same success as the previous one. Rated highly by Fitch and Moody’s, Côte d’Ivoire mobilised 750 million dollars in July 2014, 250 million more than forecast. The new issue should inject “at least one billion dollars into the country’s economy”, says the Ivorian Prime Minister.
At the 2015 AFRICA CEO FORUM in Geneva, Daniel Kablan Duncan will be engaging in a different sort of exercise: explaining the reforms that have or are being carried out, and presenting projects both ongoing and at the planning stage. He will also be taking part in one of the plenary sessions on changing and improving the business environment, an area in which Africa can potentially make a lot of progress.
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