Resonance Advisory advised potential acquiror for a minority stake in SOCOPRIM, concessionaire of the Henri Konan Bédié bridge.

#Africa, #Ivory Coast, #Transportation, #Road

Project description

SOCOPRIM is the concessionaire of the Henri-Konan Bédié bridge (3rd bridge in Abidjan). The concession consists of a 6.7km motorway stretch including a 2×3 bridge.

Construction started in 2012 and the bridge was inaugurated in December 2014. The concessionaire will operate and maintain the bridge for a duration of 30 years.

The objective of the project is to improve the north-south connection in Abidjan and to facilitate fret traffic to the port.

The project was originally financed by a group of banks including AfDB, FMO, AFC, CEDEAO and BOAD.

Our role

Resonance Advisory was mandated by a private investor for the possible acquisition of a minority share in the company.

Our mission included:
The development of a valuation model
The assistance in the financial, tax and accounting buyer due diligence.

    🗹 acquisition advisory

    🗹 financial modeling