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ICI 2014. Foro Internacional de Inversiones en Costa de Marfil
Casa África will be at ICI 2014, the International Investment Forum in the Ivory Coast.Ten years after it was held for the last time, the government of Ivory Coast launches the 4th edition of this forum which aims to revitalize the country's economy, promoting investment in key sectors such as agriculture, infrastructures, renewable energy and transversely, in business development.
As a starting point, a competition was launched for ideas in which to present innovative projects for new entrepreneurs who will be finally selected to have the opportunity of finding potential investors whilst the forum is held, which will value projects with capacity to create employment in the country.
ICI 2014 is organised by the Centre for Investment Promotion in the Ivory Coast (CEPICI) and is presented as must for anyone interested in investing in this country. The forum will allow attendees to participate in conferences and high-level workshops, getting to know the Ivory Coast's government strategy and economic trends, showcase their products, come into direct contact with potential partners in the country, and generally benefit from the always useful exchange of experiences with international investors.
Ivory Coast is a regional economic giant, representing approximately 40% of the GDP of the eight countries of the Economic and Monetary Union of West Africa (UEMOA).
Despite the crisis experienced since the 90s, neighbouring countries such as Burkina Faso, Niger, Mali and Guinea continue to depend largely on the port infrastructures of the Ivory Coast together with its transportation for their foreign trade flows, as well as income from remittances from migrants in this country.
In 2012, Ivory Coast obtained from the IMF and BM a reprieve of 3,100 million dollars, representing a reduction of 24% of the external debt, which added to the reprieve of 1,300 million obtained under the initiative of multilateral debt relief.
Among the products offered by the Ivory Coast as far as foreign trade is concerned, these include cocoa, as it is the 1st world producer; coffee, being the 5th largest producer of robusta beans; gas, oil, wood, cotton, rubber and palm oil. The service industry and commercial distribution for the entire West African sub-region is also important in the country.