After decades of turbulence, the Ivoirian banking sector is experiencing something of a renaissance. Like the economy, Côte d’Ivoire’s banking sector was growing robustly until a crisis brought on by enthusiastic lending struck in the early 1980s. Bank defaults during this period cast a long shadow, paving the way for a steady increase over the...
With low levels of banking penetration and chronic challenges facing entrepreneurs wishing to access credit, one would have expected Côte d’Ivoire to be fertile ground for microfinance. However, it has not had as big an impact in Côte d’Ivoire as in some other developing countries. The nation only has 75 approved microfinance institutions (MFI)...
THE COMPANY: Sonatel provides telecommunication solutions in the areas of fixed line, mobile, internet, television, as well as data services to individuals and businesses in countries including Senegal, Mali, Guinea and Guinea-Bissau.
THE COMPANY: The small family business founded in 1955 by Louis Dailland as Société de Limonaderies et Glaces d’Abidjan (Soliglace) became Société de Limonaderies et Brasseries d'Afrique (Solibra) in 1960 after joining with the Belgian brewer group Artois. In 1994, a new alliance with Ivoirian brewery...
THE COMPANY: Sicable, a subsidiary of Prysmian Energy Systems and Cables, is the main cable manufacturer in Côte d’Ivoire. It sells products ranging from high-voltage cables to low- and medium-voltage cables for houses to the national market. Sicable also exports to other neighbouring countries that share...
THE COMPANY: Société Générale de Banques en Côte d’Ivoire (SGBCI), the largest bank in the West African Economic and Monetary Union, was created in 1962 from the local branches of France’s Société Générale, with the participation of the government and several international financial partners. SGBCI was...
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