Benin
SUBSIDIAIRY NAME | COUNTRY | SECTOR/INDUSTRY | OWNERSHIP % | ACQUISITION DATE | ACQUISITION VALUATION | TOTAL ASSET VALUATION |
---|---|---|---|---|---|---|
IIB-DG-SPOA-BENIN | BENIN | PORT | 60% IIB-DG | APR 06,202 | 290 MILLION USD | 2.9 BILLION USD |
IIB-DG/ELYON-IMMO | BENIN | HOUSING | 60% IIB-DG | APR 06,2020 | 700 MILLION USD | 7 BILLION USD |
TRANSPORT and AVIATION
IIB-DG-SPOA-BENIN- IIB-DG acquired Société des Plateformes Portuaires d’Afrique de l’Ouest (SPOA-BENIN) SA on April 06th, 2020, for the purpose of financing, rehabilitating, managing, operating, maintaining and developing the ports of Bohicon and Tchaourou in the Republic of Benin and optimization of the Perimeter and the execution of any development work. The project is to allow the reception and processing of goods to and from the seaport of Cotonou to hinterland countries (Niger, Burkina Faso, Mali) and an annex in Tchaourou for the northern region of Benin and also the Federal Republic of Nigeria (the saturation of his main Port of Lagos is legendary).
REAL ESTATE
ELYON-IMMO-IIB-DG acquired Groupe Elyon-Immobillier for the purpose of financing and realization of the project construction of individual and collective residences, an amusement park, and a hotel complex In Torri –Bossito in the republic of Benin through expertise and execution.