On July the 4th, alongside the 4th Annual Conference of the International Network of Francophone Agencies for Investment Promotion (RIAFPI), Emmanuel ESSIS, Chief Executive Officer of the Center for Investment Promotion in Côte d'Ivoire (CEPICI), was reconducted at the head of the network for a five-year term at the end of an Elective General Assembly in Rabat, Morocco.
The Conference was held under the theme "Investment Promotion within the Francophone Areas: Impact of Territorial Attractiveness" and was followed by an Elective General Assembly which unanimously "re-elected CEPICI as the head of the Network for a five-year term (2019-2024).
During the course of the work, RIAFPI member countries, against a backdrop of a downward trend in global foreign direct investments of 13% in 2018, observed an average increase over the same period, with very good performances, particularly for the Republic of Congo, Morocco, Lebanon, the Democratic Republic of Congo (DRC) and Côte d'Ivoire with investment intentions, especially in the manufacturing sector, which has been growing significantly from 2005 to 2018.
However, they particularly stressed the need to strengthen the effectiveness of investment promotion support structures by highlighting the impact of territories in the national attractiveness strategy.
"This inevitably means reinforcing regional competitiveness in new sectors with high potential for innovation, developing a policy of setting up economic clusters of competitiveness to generate a new dynamic of growth offering the territory a competitiveness.
However, infrastructural, methodological, organizational, regional strategic and good governance challenges remain to be met in order to achieve better competitiveness as well as greater attractiveness for each territory within the Francophone area.
The 4th Annual Conference of RIAFPI was "an opportunity for the network to confirm its place in accelerating the economic integration of the Francophone area for sustainable and inclusive development of its member states."
The Conference recorded the participation of 14 delegations in 19 Investment Promotion Agencies (IPAs) members from Burkina Faso, Burundi, Cameroon, Comoros, Ivory Coast, France, Gabon, Guinea Bissau, Morocco, Niger, Democratic Republic of Congo, Chad and representatives of international organizations including the International Organization of La Francophonie (OIF).