AIRLINK 74.50 Increased By ▲ 0.21 (0.28%)
BOP 4.93 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.37 No Change ▼ 0.00 (0%)
DFML 39.55 Increased By ▲ 0.75 (1.93%)
DGKC 85.13 Increased By ▲ 0.31 (0.37%)
FCCL 21.29 Increased By ▲ 0.08 (0.38%)
FFBL 33.80 Decreased By ▼ -0.32 (-0.94%)
FFL 9.73 Increased By ▲ 0.03 (0.31%)
GGL 10.46 Increased By ▲ 0.04 (0.38%)
HBL 112.89 Decreased By ▼ -0.11 (-0.1%)
HUBC 137.18 Increased By ▲ 0.98 (0.72%)
HUMNL 12.05 Increased By ▲ 0.15 (1.26%)
KEL 4.76 Increased By ▲ 0.05 (1.06%)
KOSM 4.47 Increased By ▲ 0.03 (0.68%)
MLCF 37.95 Increased By ▲ 0.30 (0.8%)
OGDC 136.51 Increased By ▲ 0.31 (0.23%)
PAEL 25.38 Increased By ▲ 0.28 (1.12%)
PIAA 19.85 Increased By ▲ 0.61 (3.17%)
PIBTL 6.72 Increased By ▲ 0.01 (0.15%)
PPL 122.18 Increased By ▲ 0.08 (0.07%)
PRL 26.70 Increased By ▲ 0.05 (0.19%)
PTC 13.95 Increased By ▲ 0.02 (0.14%)
SEARL 57.79 Increased By ▲ 0.57 (1%)
SNGP 67.37 Decreased By ▼ -0.23 (-0.34%)
SSGC 10.29 Increased By ▲ 0.04 (0.39%)
TELE 8.40 No Change ▼ 0.00 (0%)
TPLP 11.19 Increased By ▲ 0.06 (0.54%)
TRG 63.22 Increased By ▲ 0.41 (0.65%)
UNITY 26.55 Increased By ▲ 0.05 (0.19%)
WTL 1.38 Increased By ▲ 0.03 (2.22%)
BR100 7,816 Increased By 5.8 (0.07%)
BR30 25,225 Increased By 74.7 (0.3%)
KSE100 74,959 Increased By 2.4 (0%)
KSE30 24,090 Increased By 6.8 (0.03%)

Ivory Coast announced Tuesday that Arab investors had pledged $5 billion to support its programme to attract foreign tourists to the West African nation. The tourism ministry said "a round table of investors in Dubai" on Sunday and Monday expressed interest In Ivory Coast and in total, the minister for tourism and leisure, Siandou Fofana, "enlisted from them pledges worth just over $5 billion" (4.49 billion euros). Ivory Coast's charm offensive in the United Arab Emirates included a delegation with recently retired star footballer Didier Drogba and A'Salfo, lead singer with the pop group Magic System, who gave two concerts.

The initiative, dubbed "Sublime Cote d'Ivoire" (Magnificent Ivory Coast), was launched in May. "Our goal is to become the fifth biggest destination for tourism in Africa by 2025," Fofana said in the ministry's statement. If objectives are reached, tourism would account for 12 percent of GDP compared with 5.5 percent today, and jobs in the tourism sector would grow from 270,000, as of 2016, to 365,000. The economy today is hugely dependent on rural earnings, especially cacao and coffee.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.