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
