Eranove renewed in Côte d’Ivoire, but with restrictions

Eranove renewed in Côte d’Ivoire, but with restrictions

The French group’s water and electricity subsidiary in Africa will have to favour local companies for its equipment supplies.

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            ▪ Eranove renewed in Côte d’Ivoire, but with restrictions

▪ The French group’s water and electricity subsidiary in Africa will have to favour local companies for its equipment supplies.

https://www.africabusinessplus.com/en/805612/eranove-renewed-in-cote-divoire-but-with-restrictions/

After bitter negotiations that lasted over a year, the Ivorian state has renewed the concession contract for the production, distribution, transport and export of electricity for the Compagnie Ivoirienne d’Electricité (CIE), a subsidiary of French group Eranove, which is controlled by the African-American investment fund Emerging Capital Partners (ECP).

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