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Ivory Coast: Brassivoire announces 100 billion in investments and more than 65 billion in taxes paid

29/11/2021
Categories: Companies

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The beer brewer celebrated, on November 18, 2021, the fifth anniversary of its Ivoire brand, launched in November 2016. On the occasion, it was announced an investment of 100 billion FCFA and more than 65 billion FCFA in taxes paid.

The managing director of the French capital company, Laurent Théodore retraced the history of investment in Ivorian lands. According to him, Brassivoire was born from a joint venture of the Dutch Heineken and the French Cfao for an amount which amounts to 100 billion CFA francs or about 150 million euros. Since the launch of the brewery's activities, he revealed, just over 65 billion FCFA have been paid to the state of Côte d'Ivoire in the form of a tax contribution. The brewery employs 260 people on site for two bottling lines with a processing capacity of 40,000 bottles per hour. It thus considers itself as "a committed partner of Ivorian growth".

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