CDG Capital, a subsidiary of the Deposit and Management Fund (CDG), has lent its support to the Deposit and Consignment Fund of Ivory Coast (CDC-CI) in setting up the Long-Term Investment Facility (FILT), also known as CDC-CI Capital, which was launched at a ceremony in Abidjan on Monday.
As part of the bilateral collaboration agreement between CDC- CI and CDG, CDG Capital acted as advisor to CDC-CI throughout all the phases involved in setting up the Long-Term Investment Facility (FILT), now known as CDC-CI Capital, according to a CDG Capital press release.
The launch ceremony was attended by ministers and members of the Ivory Coast government, chaired by Prime Minister Patrick Achi. Also in attendance were Abdelmalek Kettani, HM the King’s Ambassador to Ivory Coast, and senior CDG officials.
The launch ceremony was also an opportunity to present CDC-CI Capital to all the stakeholders and to establish contact between the FILT directors and the key players in the ecosystem.
Addressing the meeting, Mr. Safir expressed his compliments and congratulations to Arthur Coulibaly, Adviser to the Prime Minister of Ivory Coast, and the Deposit and Consignment Office headed by Managing Director Lassina Fofana, for “the friendship and spirit that have governed our relations, but above all for the excellent work they have accomplished with professionalism and benevolence”.
At the same time, Mr. Safir praised the cooperation, enthusiasm, and synergy between Morocco and Ivory Coast, which had been a powerful driving force, calling for joint efforts “to build a more resilient and stronger Africa”.
On 18th October 2022, CDG Capital and the “Caisse des Dépôts et Consignations” of Ivory Coast signed a partnership agreement to provide technical assistance in setting up the Long-Term Investment Facility (FILT), a subsidiary of CDC-CI.