The story
Before 1960, the public transport was made Abidjan in the traditional way with pinnaces on the lagoon and the van s brand Renault commonly called "thousand pounds" and carrying twenty passengers on a fixed route. Of cars carrying fewer than a dozen passengers on a fairly regular route and some taxi s completed means of displacement.
The 16 is created Abidjan Transport Company (SOTRA), a mixed economy company whose capital is owned 35% by the Ivorian government and 65% by private partners. SOTRA, under supervision of the Minister of Public Works and Transport, appears therefore as the first company organized urban transport of West Africa.
A concession agreement public service signed between the Ivorian government and SOTRA grants it the exclusive service transit passengers in the city of Abidjan. This agreement also provides for the removal vans called "thousand pounds" and other collective means of public transport, excluding taxis. From July 1964, the monopoly of Sotra the public transport passenger becomes effective in Abidjan. The company increases its sales so that it becomes truly beneficial when it had successive deficits experienced during the early years. The owners of taxis, which receive compensation in the form of authorizations for transmission lines on non-urban or thumbnails to operate taxis counters.
The initial capital of SOTRA 50 million in 1960 rose to 800 million in 1974 and FCFA 3 billion F CFA in 1983. It is held in 2009 by the Ivorian government (60.13%), Irisbus / Iveco (39.80%) and the District of Abidjan (0.07%).
From Wikipedia’s article on Abidjan Transport Company, shared under CC BY-SA 4.0.3