It would appear that Cote d’Ivoire is gradually ***erting itself as an economic power**use in West Africa. The country was the fastest growing economy in 2016, according to the International Monetary Fund (IMF).
The breakneck growth rate of 8.5% by far out******** the 3.5% rate experienced by the rest of Sub-Sahara Africa. The IMF forecasts that the country w*** maintain a growth trajectory of 7.4% in 2017 through to 2020.
It would, therefore, not be too ambitious to suppose that the days of political in****ility and social upheavals that have beleaguered this nation might as well be behind it. And far brighter days are set in the future for the largest cocoa producing country in the world.
Indeed, the entrepreneurial potential and promise held out by Code d’Ivoire has not esca*** notice from one American entrepreneur.
Tiahmo Rauf is an American of African descent w** is eyeing a $10 b***ion real estate venture in the West African country. A native of Missourri, Rauf is putting up an ultra-modern s**pping complex that w*** rival other renowned s**pping destinations with a global standing.
Mobilizing investments
He already has acquired a 50-ha (123.6 acre) piece of land in Île Boulay, an archipelago of islands in the Abidjan Lagoon on which to develop the economic town, in a 10-year plan. It w*** be known as Brownv***e. It w*** offer real time financial and business solutions and compete on the same footing as the Abu Dhabis and Dubais of this world.
Rauf w*** lead a delegation of investors from Côte d’Ivoire to a marketing tour of the United States in the coming months where he **pes to attract more investors w** are projected to pump in the cash. But it is his great rapport with the s**wbiz fraternity of world cl*** athletes and entertainers back **me in the US that w*** boost the project.
He w*** engage 1,000 African-Americans to invest $1 m***ion each into the project, looking to raise this capital to $10 b***ion.
[crp]
Leave a comment