(3 minutes read)
- Tunisian Prime Minister and the Benin President are pitching for investment opportunities in their respective countries and are motivating French CEOs to invest in their respective countries. This open invitation to invest in their countries was given at the meeting of the national Confederation of French Employers’ annual meeting held in Paris with the theme invest in Africa.
The Tunisian Prime Minister and the Benin President are pitching for investment opportunities in their respective countries and are motivating French CEOs to invest in their respective countries. This open invitation to invest in their countries was given at the meeting of the national Confederation of French Employers’ annual meeting held in Paris with the theme invest in Africa.
Najla Bouden, the Tunisian Prime Minister said that Europe would benefit from betting on Africa now which has been attracting more and more international liquidity, especially since the pandemic, with US$ 26 billion dedicated to renewable energy alone in 2021. She added that Europe would benefit from focusing on project financing in a PPP (public-private partnership) format to facilitate economic diversification and supports the continent’s priorities.
Beninese President Patrice Talon, a former company director himself, took the opportunity to praise Benin’s development model and how it could enrich foreign investors. He said that his country has set up a special economic zone in which there are business opportunities for French investments. Presently, he said, there was not much investment from France.
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France is the third trading partner of Benin, behind India and China. Patrice Talon highlighted the ban on strikes in the Beninese public sector. In the private sector, the strike days are capped at two days per month.
