The President of BOAD visits CIMIVOIRE in Côte d’Ivoire


On the sidelines of BOAD’s Board meeting held on 19 September 2018, the President of BOAD, Mr. Christian Adovelande, together with several Managers and Board members of BOAD, visited the cement manufacturing plant, CIMIVOIRE, whose loan proposal was approved at the 108th Board meeting held in March 2018 in Dakar. The purpose of this visit is to assess the performance of projects approved by Board members at the different Board meetings.

For this particular visit, the project was related to the partial financing of XOF25 billion for the establishment of a cement production unit by Ciments de Côte d’Ivoire (CIMIVOIRE) company in Abidjan, Côte d’Ivoire. The project’s objective is to build a clinker-grinding unit with an installed capacity of three million (3,000,000) tons of cement per year in the port area of Abidjan.

This infrastructure will contribute to: (i) wealth creation and (ii) the production and marketing of cement at competitive prices.