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Bruno Kone News

18 Jan 2017

Ivory Coast's Main Port Shut Down

Paramilitary gendarmes firing in the air sealed off access to Ivory Coast's main port on Wednesday, forcing companies including cocoa exporters to close down, as weeks of unrest in the security forces showed no signs of easing. President Alassane Ouattara, who is also facing a wave of public sector strikes, ordered his defence minister and military chiefs to hold urgent talks with members of the security forces about their grievances in a bid to quell the instability. Ivory Coast has emerged from a 2002-2011 political crisis and civil war as one of the world's fastest-growing economies but the violence, which began with an army mutiny nearly two weeks ago, has hit its image as a post-conflict success story.

14 Sep 2016

San Pedro Port Expansion Project Awarded

Ivory Coast has awarded a project to upgrade its second port of San Pedro to global shipping giant Mediterranean Shipping Company (MSC) and the Bilal Group, a government spokesman said on Wednesday.   Speaking after a cabinet meeting in the commercial capital Abidjan, Bruno Kone said MSC would invest 122 billion CFA francs ($209.14 million) and the Bilal Group 186 billion CFA francs ($318.83 million) under the build-operate-transfer deal.   (Reporting by Loucoumane Coulibaly)

04 Feb 2015

Ivory Coast Urban Water Transport Opened to Outside Investors

Ivory Coast abolished a state monopoly on passenger traffic on the lagoon surrounding the commercial capital Abidjan, the government announced on Wednesday, clearing the way for outside investors. Abidjan, a city of around 6 million inhabitants, straddles the Ebrie Lagoon. The SOTRA urban transportation company, majority-owned by the state with a minority interest held by Italian bus manufacturer Iveco, runs several water-taxi lines. Government spokesman Bruno Kone said the waterways had been under-utilized. "This will allow other entities to make major investments," Bruno said after a cabinet meeting. He also announced the approval of an agreement between the transportation ministry and Rainbow Ferry Lines…

28 Sep 2014

Ivory Coast to File Legal Complaint over Ghana Border Row

Ivory Coast said on Friday it would file a complaint with an international jurisdiction after Ghana took legal action to resolve a dispute over the two nations' maritime border in an area rich in hydrocarbons. British firm Tullow Oil has licences in Ghanaian waters near to the boundary disputed by the West African neighbours. Bruno Kone, a spokesman for Ivory Coast's government, would not give details on where the complaint would be filed. "We will take this before the competent jurisdiction, but we are not going to say more for the moment," he told Reuters. Earlier this week, Ghanaian Attorney General Marrieta Brew Appiah-Oppong said Ghana had filed a suit under the U.N. Convention on the Law of the Sea after 10 bilateral meetings failed to resolve the issue.

09 Jul 2014

Ivory Coast Increases Budget on Higher Cocoa, Gas, Port Revenues

Ivory Coast has increased its 2014 budget by nearly 4 percent on expectations of higher earnings from cocoa, natural gas and the country's ports, a government spokesman announced on Wednesday. Ivory Coast, the world's top cocoa grower and French-speaking West Africa's largest economy, has undergone a rapid economic turnaround since the end of a decade of political turmoil in 2011. Its economy grew around 9 percent last year. "The cabinet adopted a finance bill revision that brings the 2014 state budget to 4,407 billion CFA francs ($9.16 billion), up from 4,248 billion CFA francs initially," government spokesman Bruno Kone said following a cabinet meeting.