Port of Abidjan: why Director-General Hien Sié increased capital to CFA F 100 billion
On 7 July, the Ivorian government authorised an unprecedented increase in the Autonomous Port of Abidjan (PAA) share capital, the country’s most important port terminal.
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▪ Port of Abidjan: why Director-General Hien Sié increased capital to CFA F 100 billion
▪ On 7 July, the Ivorian government authorised an unprecedented increase in the Autonomous Port of Abidjan (PAA) share capital, the country’s most important port terminal.
▪ https://www.africabusinessplus.com/en/808634/port-of-abidjan-director-general-hien-sie-increases-capital-to-cfa-f-100-billion/
This move, planned by Hien Sié, the Director-General, was approved by the Minister of Transport Amadou Koné. The deal is not driven by a stock market listing or raising capital by an offering of equity. The Autonomous Port of Abidjan (PAA) remains entirely owned by the Ivorian state.
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