Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on the day's biggest business stories
Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Want a daily digest of the top Nashville news?
Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.
Want a daily digest of the top Columbus news?
Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.
Want a daily digest of the top Dallas news?
Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.
Sign up for Axios NW Arkansas
Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters
The coastline in Abidjan, Ivory Coast. Photo: Mahmut Serdar Alakus/Anadolu Agency via Getty Images
Ivory Coast raised 5.8 billion euros, or $6.4 billion, for its tourism industry during a roundtable in Hamburg, Germany on Friday, Bloomberg reports.
The big picture: The world’s top cocoa producer wants to create 700,000 jobs in tourism and make the sector the third pillar of its economy by 2025.
Due to a 10-year-long conflict that divided the nation into a "rebel-held north and government-run south," that ended in 2011, Ivory Coast’s tourism was wiped out.
The money raised from unnamed investor companies made up the second bid in a month to attract foreign hotels and tour operators.
- The country‘s government had a $1 billion fundraising goal, but it has already exceeded that amount. Last month Ivory Coast attracted $5 billion in investments at a roadshow in Dubai, but the government’s statement did not provide any additional details.
Go deeper: Investors are dubious of Africa's new cocoa cartel