Page 475 - MOE ENGLISH PR REPORT - JULY 2024

7/16/24, 4:07 PM Thani Al Zeyoudi, Côte d’Ivoire Prime Minister inaugurate UAE-backed cashew processing factory in West African nation – Creative…
African Agro Commodities Holding Limited, stressed that Côte d’Ivoire is a country rich in potential. “This

factory not only represents a major investment in the Côte d’Ivoire market, it is also testament to the strength
of the bilateral relations between the UAE and Côte d’Ivoire. We are committed to contributing positively to

the local economy, and are confident that our company and its investments in the Ivorian economy will

enhance growth and contribute to economic and social progress. It will be a new gateway to opportunities for
both sides.”

While in Côte d’Ivoire, Al Zeyoudi also held in-depth talks with Prime Minister Robert Beugré Mambé on a
wide range of economic issues, including the acceleration of private-sector cooperation, which both nations

have identified as central to growth, diversification and job creation.

The meeting reflected the potential for greater collaboration between the two nations, and the potential for

further investment in key sectors such as food production, agriculture, manufacturing and logistics.
Al Zeyoudi then held discussions with Dr. Souleymane Diarrassouba, Minister of Trade and Industry, and

Mamadou Sangafowa-Coulibaly, Minister of Mines, Energy and Petroleum, in which they all agreed to find
new avenues for increased collaboration.

In recent years, bilateral trade between the UAE and Côte d’Ivoire has flourished, with non-oil trade growing

to US$468 million in 2023, an 95 percent increase compared to 2020. The growing economic partnership has
also seen increased investment flows, with both nations committed to further enhancing their economic ties

across a range of sectors including agriculture, tourism, infrastructure and telecoms.

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