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Why Business In Côte D'ivoire Is A Good Inversement [best West African Country] - Investment - Nairaland

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Why Business In Côte D'ivoire Is A Good Inversement [best West African Country] by Agroexport101(m): 3:17pm On Nov 10, 2021

https://www.youtube.com/watch?v=R6Vpe6fd660

1. The possibility of creating a business in 24 hours, The existence of one-stop-shops for business formalities, foreign trade, and obtaining building permits, and an efficient commercial court delivering decisions in less than sixty days.
2. They guarantee international investors a high degree of legal security and offer significant tax advantages.if you're new to the Big Man Business Youtube Channel, please subscribe and turn on the notification bell to receive updates on new business expert videos.
3. Investment Opportunities: Ivory Coast remains a preferred destination for foreign investors in the West Africa region.
4. It's currently in the last year of its National Plan of Development which aims to make private investment a driver of the country's economic growth.
5. There is also focus on infrastructure improvement with initiatives such as the Abidjan urban transport project and infrastructure related to the organization of 2023 Africa Cup of Nations expected to present an opportunity for private investment.
6. Investment opportunities are available in the following sector of the economy real estate, financial services, energy infrastructure, transport infrastructure, telecoms, agribusiness, textiles, consumer goods, etc.5 Good Reasons to Invest in Côte d'IvoireRenowned for the quality of its hospitality towards both people and companies, Côte d'Ivoire offers several reasons to invest there.
7. Displaying a rate of 0.8 percent in 2019, inflation is projected at 1.2 percent in 2020.With the growth of 8.6 percent per year on average since 2012, Côte d'Ivoire aims to become an emerging economy in the decade 2020 to 2030.
8. The country intends to position itself as an energy hub for the sub region in terms of electricity production thanks to an ambitious investment program in thermal power stations, dams, and transmission lines that have been underway since 2012.The processing potential in the agricultural sector is very significant only 20 percent in cocoa and 8 percent in coffee at present.
9. Another area we like is medical clinics and diagnostic centres.
10. As the population expands and demand for healthcare increases, there is a crucial role for the private sector to play in expanding healthcare capacity.
11. Local diagnostics centers and clinics are still scarce, with the most affluent traveling abroad for treatment; there is a real need for quick, effective diagnosis in the local market.
12. In this sector, businesses with a clear differentiation angle have the potential to become leaders in a particular niche.
13. Education is another area with a shortfall in capacity and growing demand.
14. Investments in the education space should be geared towards businesses that focus their training on a clear market need.
15. There is a huge potential for Investing in technology enabled solutions that can address this need on a large scale which is also conscious that for a lot of vocational training, there is still a need for in person learning.
16. Ivory Coast also known as Côte d'Ivoire is located in West Africa bordering the North Atlantic Ocean.
17. It gained its independence from France on 7 August 1960.
18. Ivory Coast plays a key role in transit trade for neighboring landlocked countries and its economy has grown faster than most other African countries since independence.
19. The country's role as a hub to the regional market is underlined through the presence of several regional headquarters of foreign affiliates and institutions.
20. Ivory Coast economy is mainly dependent on agriculture.
21. It is the world's largest producer and exporter of cocoa beans and a significant producer and exporter of coffee and palm oil.
22. The country boasts of a very favorable business climate recognized on the continent and constantly improving.

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