Business
IMF Boss Pledges Support For Cote d’Ivoire
The Managing Director of the International Monetary Fund (IMF), Ms Christine Lagarde last Wednesday said the fund would continue to provide sustained support to enable Cote d’Ivoire recover economically.
Lagarde said this in video conferencing relayed at the opening of the fourth edition of Cote d’Ivoire’s Forum of Investors in Abidjan on Wednesday.
The IMF boss said that the support had become necessary in view of the political crisis that recently rocked the country.
“The atmosphere is quite encouraging; we will continue to play our role in ensuring that Cote d’Ivoire recovers fully.
“We share Cote d’Ivoire’s dream of becoming an emerging nation in 2020, we are also ready to support the realisation of this goal within the framework of our operations,” she said.
Earlier, Cote d’Ivoire’s Prime Minister, Mr Daniel Duncan described the forum as a strategic step toward boosting private sector development in the country.
He said that the forum would enhance regional private sector partnership and stimulate economic development in the country.
“I welcome every participant to the fourth edition of our investors’ forum; it presents us with huge opportunities to partner for mutual benefits.
“I urge you to take advantage of the investment opportunities in the country, we have always said that as a government, we are open to accept genuine investors,” he said.
The 2014 edition of the forum is coming about 15 years after the last event in 1999.
The forum, with the theme: “The Private Sector, a lever for regional integration”, ends on Saturday.
Vice President, Namadi Sambo arrived Abidjan on Monday to attend the event which also has in attendance the Prime Minister of Burkina Faso, Adolphe Tiao.
Figures from the organisers show that some 3,000 participants from 113 countries are taking part in the event.
The organisers say presentations and discussion will focus mainly on Agro-business, Regional Industrialisation, Economic Infrastructure and SMEs Promotion.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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