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Event - 1987-12-15

Date: 
Tuesday, 1987, December 15
Location: 

Mowlana Hazar Imam and Sir William Ryrie, Executive V.P. of International Finance Corporation sign an agreement to increase the capital of Industrial Promotion Services S.A. (Ivory Coast). Agreement was signed at Aiglemont to increase equity capital by U.S. $2.8 million to U.S. $4.2 million.

person_place_reference: 
H.H. Prince Karim Aga Khan IV


Audio for Event - 1987-12-15

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INCREASE IN EQUITY CAPITAL OF INDUSTRIAL PROMOTION SERVICES IVORY COAST SUBSCRIBED BY AGA KHAN FUND FOR ECONOMIC DEVELOPMENT AND MAJOR FINANCIAL INSTITUTIONS - 1987-12-15

A U. S. $2.8 million increase in the equity capital of Industrial Promotion Services S.A. (Ivory Coast) was signed at Aiglemont on December 15, 1987.
The new subscription is taken up by the Aga Khan Fund for Economic Development (AKFED), the International Finance Corporation (IFC), the Deutsche Finanzierungsgesellschaft fur Beteiligungen in Entwicklungslandern GmbH (DEG) and the Compagnie Financiere de la Cote D'Ivoire (COFINCI).

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