New Delhi [India], February 28: The global technology landscape is evolving rapidly, with emerging markets playing a crucial role in driving innovation and investment. Recognizing the immense potential of the Indian tech sector, VITIB, the leading technological park of Côte d’Ivoire, is set to embark on a strategic roadshow in India, particularly in New Delhi. Led by CEO Mebeti DOSSO, this initiative aims to attract Indian investors to explore technology and biotechnology opportunities in Côte d’Ivoire while strengthening the already robust partnership between the two nations.
India’s Commitment: A Solid Foundation for Future Growth
India has been one of the first and most significant partners in the development of VITIB through EXIMBANK, which invested $20 million in the technological park also named MAHATMA GANDHI technological park. This initial investment has been instrumental in laying the groundwork for VITIB’s growth, and the upcoming roadshow serves as a continuation of the strong bilateral relationship. By fostering deeper collaboration, VITIB aims to further integrate Indian expertise into West Africa’s growing tech ecosystem.
The Turning Point: India’s Growing Tech Influence
India has established itself as a global technology hub, known for its strong IT ecosystem, skilled workforce, and cutting-edge advancements in software, artificial intelligence, and biotechnology. For VITIB, India represents a strategic partner in fostering technological transformation in Africa. The need to expand and bring world-class expertise to Côte d’Ivoire has driven VITIB to initiate this roadshow, engaging with Indian investors who can help shape the future of technology in West Africa.
The Challenges: Breaking Barriers to Investment
Despite its potential, the technology sector in Côte d’Ivoire faces significant challenges. While the tech environment is dynamic, the country does not yet have enough tech companies to fully utilize the vast technological park, which spans more than 600 hectares. That is why VITIB is reaching out to its trusted partner, India, to raise awareness about this enormous opportunity.
Key challenges include:
- Not enough local companies in tech: The Ivorian tech industry is still in its nascent stages, requiring foreign partnerships to accelerate its development.
- Not enough local talents in tech: The country produces only around 350 tech engineers per year, while the local market needs at least 6,000 trained professionals annually.
- Lack of exposure in public decision making: For many years, the tech sector did not receive the necessary governmental attention. However, in the past one to two years, public policy has shifted towards fostering innovation and technological growth.
To overcome these obstacles, VITIB is turning to India for expertise, investment, and collaboration, ensuring a more robust and sustainable tech ecosystem in Côte d’Ivoire.
Achievements and Vision: Building Africa’s Leading Tech Hub
Despite these challenges, VITIB has ambitious goals that align with its commitment to transforming Côte d’Ivoire into a leading technological powerhouse. The company aims to:
- Build Africa’s No. 1 technological park.
- Create over 40,000 jobs in Côte d’Ivoire.
- Attract more than $1.7 billion in investments.
By leveraging India’s advanced technology ecosystem, VITIB envisions a future where Côte d’Ivoire emerges as a key player in Africa’s digital revolution. This initiative will not only strengthen the economic ties between India and Côte d’Ivoire but also pave the way for sustainable technology-driven growth.
Why India? The Perfect Partner for Tech Advancement
India’s tech industry is among the fastest growing in the world, making it an ideal partner for Côte d’Ivoire’s digital transformation. Several key factors make India the perfect ally:
- India was the first to trust VITIB, investing $20 million through EXIMBANK, demonstrating confidence in its potential.
- India produces some of the most brilliant tech and biotech talents globally, and Côte d’Ivoire needs skilled professionals to meet its goal of producing 6,000 tech specialists annually.
- India has an established and thriving tech and biotech ecosystem, serving as an inspiration for Côte d’Ivoire’s own development.
Through this partnership, Indian businesses can expand their global footprint while contributing to the technological evolution of Côte d’Ivoire.
What Indian Investors Can Expect from VITIB
The VITIB roadshow presents a unique opportunity for Indian investors to:
- Gain insights into Africa’s emerging tech market.
- Explore investment-friendly policies and incentives.
- Partner with African entrepreneurs and businesses.
- Access a growing consumer market with high demand for digital solutions.
- Have access to the West African market, which boasts a population of 350 million consumers.
By participating in this initiative, Indian investors can diversify their portfolios while contributing to the advancement of technology and biotechnology in West Africa.
Join the VITIB Roadshow in India
VITIB’s India roadshow is more than just an investment summit—it is a movement to revolutionize technology and innovation in Africa. As Côte d’Ivoire’s leading tech park, VITIB is dedicated to creating a collaborative environment where Indian expertise meets African potential.
Investors, tech companies, and stakeholders in India are invited to be part of this groundbreaking journey. The time to invest in Africa’s technology revolution is now, and VITIB is ready to lead the way.
Contact Information:
For more details, follow VITIB on:
- LinkedIn: VITIB LinkedIn
- Facebook: VITIB Facebook
- X (Twitter): @VitibCi
- Instagram: @vitibsa
Join VITIB in shaping the future of technology in Africa because the next big tech revolution starts here!
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