Côte d’Ivoire-France: End of Business Forum, signing of Memorandum of Understanding between CGECI and BPI

© Koaci.com – Friday, June 17, 2022 – 6:34 p.m.

On Business forum and Abidjan

Abidjan, the Ivorian economic capital, hosted Business forum between West Africa and the EU, on the theme “Transforming West African economies through a strengthened partnership between the European and West African private sectors”.

This first forum between the European and West African private sector brought together around 700 participants from the European and West African private sector, senior representatives of political institutions and other stakeholders.

The forum made it possible to discuss the need for the development of priority value chains to meet the challenges of the structural transformation of the West African economies, but also to create solid business partnerships between the private sectors in the two regions and between the private sector and the representatives of governments.

that Business forum took place over two (02) days from 16 to 17 June and was characterized by five (05) high-level panels, six (06) round tables, business meetings (B2B and B2G).

Conclusions of the Business Forum funded by the European Union and organized by the Ministry of Foreign Affairs, African Integration and the Diaspora in cooperation with CGECI, it should be noted that five (05) high-level panels provided the course of the forum and a total of twenty-three (23) panelists. Three (03) panels furnished the first day of Business forum.

The opening panel focused on the theme “West Africa-EU Partnership: Let’s Go Together”. This panel provided an opportunity to discuss proposed solutions to strengthen the EU-West Africa partnership. In addition, participants were able to take stock of the partnership between West Africa and the EU countries and express their expectations at the end of this forum in order to explore the perspectives for the development of the European private sector and West Africa.

The second panel made it possible to discuss value chains with great potential for economic transformation in West Africa, in particular on the support to be established for the development of these value chains.

The third panel addressed the challenges and opportunities of accessing the markets of the European Union and the West African countries in the framework of Economic Partnership Agreements (EPAs).

The fourth panel focused on investment opportunities in Côte d’Ivoire, a benchmark country in West Africa, and the fifth provided an opportunity to review innovative private sector financing mechanisms.

Six (06) roundtables were on the agenda and made it possible to specifically address certain major concerns that could help strengthen co-operation between the two regions. They also made it possible to discuss the development of certain specific value chains.

The three (3) roundtables held during the first day had as their themes “the digital economy”, “the investment climate and the tools to bring the European and West African private sector together”.

Three other roundtable discussions took place today, focusing on “Corporate Social Responsibility (CSR), construction and design and development of sustainable West African cities”.

The B2B sessions gave participants the opportunity to hold meetings for the purpose of building relationships. As for B2G, they gave participants the opportunity to inquire about the main investment projects carried out by the states of West Africa.

In addition to panels and round tables, it is Business forum was the subject of special events, in particular the signing of a protocol between the Mouvement des entreprises de France Internationale (MEDEFI) and the Union of Employers ‘Organizations in the Sahel (UPAS) and the signing of a Memorandum of Understanding between the General Confederation of Companies in Côte d’ Ivory Coast (CGECI) and the public investment bank in France (BPI).

The closing ceremony was presided over by Kandia Camara, Prime Minister, Minister of Foreign Affairs. She was represented by Dr. Méité, Director-General for Economic Diplomacy in Côte d’Ivoire. He said he was convinced that the implementation of the recommendations from the work would strengthen the partnership between the West African and European private sector, and said he reckoned with the presidents of CGECI and Eurocham.

“We remain convinced that the recommendations of the work will be implemented for more win-win partnerships between the West African and European private sectors. I know I can count on the presidents of CGECI and EUROCHAM for this purpose “, he concluded.


By Koaci

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