Company in Côte d'Ivoire
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BOTSWANA, 2017/07/16
A strong signal of growing business engagement with Africa by large U.S. corporations was the announcement last September by Caterpillar CEO Doug Oberhelman of plans to invest over $1 billion in Africa over the next five years. Caterpillar is not a new-comer, having begun doing business on the continent in 1926. At last month's U.S.-Africa Business Summit in Washington, DC, David Picard, Caterpillar's regional manager for Africa and the Middle East, described some of the steps that have been taken since last year's announcement. He as well talked about the challenges and opportunities he sees, inclunding Nigeria, where the company has operated since 1948. He was interviewed by AllAfrica's Noluthando Crockett-Ntonga and Ladi Olorunyomi from Premium Times in Nigeria. The interview has been edited for clarity and length.
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ABIDJAN, 2015/07/22
The inauguration ceremony at Avenue Avenue Houdaille, Place de la République in Abidjan’s major commercial district of Plateau, took place with Ivorian Prime Minister Daniel Kablan Duncan as major guest of honour. The Prime Minister paid homage to the Ecobank Group as “an indefatigable pioneer of African economic integration that continually champions economic development on the continent and in Côte d’ivoire particularly.”
Established in Côte d’Ivoire in 1988, Ecobank Côte d’Ivoire is one of the 36 subsidiaries of the pan-African banking group Ecobank, under the group’s parent and holding company Ecobank Transnational Incorporated (ETI). Ecobank Côte d’Ivoire finances 13% of the Ivorian economy, having paid 14 billion CFA francs (USD 23.5 million) in taxes to the Ivorian Treasury in 2014.
