Ivory Coast
Industrial Development Fund's phantom industrial zones loan

Shortly before its dissolution on 30 March, the fund responsible for financing public infrastructure in Ivory Coast arranged a loan of 326bn FCFA (€497m) for four industrial zones in Abidjan, in association with the country's budget. However, the operation was cancelled at the last minute by the budget minister, and all traces of the deal have since disappeared. Africa Intelligence has pieced together the events. [...]
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Ivory Coast
Port of San Pedro, Fraternité Matin, Sofitel Ivoire... the audits that threaten the barons of Ouattara's party

The Ivorian government is desperately looking for a strategy as to how best to release the audits conducted over the past three years, under pressure from the country's financial backers, into six state-owned companies. The results are particularly damaging for these parastatals, all of which are run by leaders of the RHDP, President Alassane Ouattara's party.

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