Côte d'Ivoire: SMB’s equity investors eye government’s planned road projects

Côte d’Ivoire: SMB’s equity investors eye government’s planned road projects

Côte d'Ivoire: SMB’s equity investors eye government’s planned road projects

The announcement by the Ivorian President, Alassane Ouattara, of plans to asphalt 1,331 km of roads in his country in 2021 is prompting interest from investors who hold the 16.5% shares of the Multinational Bitumen Company (SMB) on the Abidjan-based WAEMU Regional Stock Exchange (BRVM). With these projects to come, investors forecast an increase in SMB’s revenues if the company reaches a deal with the government.

For more information, please see https://www.ecofinagency.com/finance/1301-42247-cote-divoire-smb-s-equity-investors-eye-govt-s-planned-road-projects

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