Ivory Coast’s Minister of Economy and Finance, Air France and the Aga Khan Fund for Economic Development (AKFED) signed (16-May-2012) a ‘framework partnership agreement’, a ‘shareholders’ agreement’ and articles of establishment to found Air Côte d’Ivoire. Initial capital was set at XOF2.5 billion (USD4.9 million) and will rise in the short term to XOF25 billion (USD48.6 million). Côte d’Ivoire contributed 65% of the initial capital, while 20% was contributed by Air France and 15% by Aérienne de Participation-Côte d’Ivoire, the airline holding company representing AKFED.
Ismailimail 
Reblogged this on Paderborner 'SJ' Blog.
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