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Industry: NSIA Bank CI and ADCI Sign Partnership to Boost Business Competitiveness

Industry: NSIA Bank CI and ADCI Sign Partnership to Boost Business Competitiveness

Industry: NSIA Bank CI and ADCI Sign Partnership to Boost Business Competitiveness

A new milestone has been reached in the effort to strengthen the competitiveness of Côte d’Ivoire’s industrial sector. On October 10, 2025, NSIA Bank Côte d’Ivoire (NSIA Bank CI) and the Agency for the Development of Industrial Competitiveness (ADCI) signed a partnership agreement at NSIA Bank’s headquarters, the Acacia Building.

The agreement reflects the shared commitment of both institutions to facilitate access to financing for industrial enterprises and accelerate their growth. It is built on an innovative mechanism that combines financial support with structured technical assistance.

Under the terms of the partnership, a dedicated credit line will be established for eligible industrial companies. Technical studies conducted by ADCI—such as diagnostics, upgrading plans, and business plans—will now be recognized as key components of financial analysis.

In addition, tailored banking products will be developed to meet the specific investment needs of industrial players, featuring more flexible lending conditions. The initiative also includes a joint monitoring mechanism for financed enterprises and training sessions for NSIA Bank CI staff to enhance their understanding of the industrial sector.

Representing NSIA Bank CI’s Managing Director, Mr. Sékou Sanogo, Deputy Managing Director, welcomed “a collaboration that fully aligns with our ambition to support Ivorian businesses more effectively.”

For his part, Mr. Éric Ouattara, Acting Director General of ADCI, emphasized that this synergy between financial support and technical assistance creates “the right conditions for the emergence of a new generation of competitive, export-oriented companies.”

By combining their expertise, NSIA Bank CI and ADCI aim to make industry a key driver of national growth. The initiative addresses the need for greater structure and competitiveness within the industrial ecosystem while contributing to the government’s sustainable economic development goals.