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Economic transformation in Côte d'Ivoire: BGFIBank invests 120 billion FCFA

21/02/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The BGFIBank Group invested 120 billion CFA francs last year in several initiatives. This dynamic is part of its institutional campaign “The best is future”, which embodies its vision.

The BGFIBank Group supports initiatives with a strong social and economic impact. It meets national priorities and the needs of populations. In Côte d'Ivoire BGFIBank has met housing needs and supported households with modest incomes, by financing alongside style="font-family: "Bookman Old Style”, serif">BOAD , the construction of 1,160 social and economic housing units in Abidjan, via a 27.5 billion CFA loan granted to SORUBAT. The group financed a bag factory for 10.5 million euros, with the import of machine tools from Germany, aimed at strengthening local production capacities and boosting employment. BGFIBank also supported the construction of a Regional Hospital Center in Agboville, thanks to financing of 24.2 billion FCFA in partnership with LaDeutsche Bank style="font-family: "Bookman Old Style”, serif">. Likewise, the Group has invested 60 billion CFA francs to finance strategic road projects

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