SMEs portfolio

Cofipêche, Ivory Coast




Activity: Production of fishing nets

Established: 2004

I&P's investment: 5% equity stake, one-year loan 

Revenue in 2008: 650 000 €
 
  



Entrepreneur: Sidi Coulibaly, holder of a technical diploma and a master degree in commercial and business management.

The company employs 26 people.    


Cofipêche makes knotless fishing nets which it markets in Ivory Coast and the sub-region. The company has an annual  production capacity of 200 metric tons of netting.

In a market mainly served by low-quality Asian products, Cofipêche is one of only two West African manufacturers, positioned as a high-end supplier.

The company exports to Senegal, Guinea, Angola, and Congo-Brazaville.  It has significant potential within this area for export development and diversification into other fisheries products.