Côte d'Ivoire Financial Services

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Articles & Analysis | Manufacturing from The Report: Cote d'Ivoire 2017

 

THE COMPANY: Established in 1968, Uniwax is an Ivorian company engaged in the manufacturing, production and distribution of wax-coated fabrics in local and export markets. A subsidiary of the Vlisco Group, Uniwax has inspired Ivorian and sub-regional fashion for years with the Wax fabric. Uniwax...

 

Ever since emerging from its decade-long political and security crisis in 2011, Côte d’Ivoire has experienced an aggregate growth rate of around 9%, which has benefited the country’s financial services industry. The banking sector has seen sustained double-digit growth since 2011, reinforcing the country’s role as the UEMOA bloc’s primary...

 

What measures have been put in place to increase the resilience of the banking sector?

 

The Basel III banking accords mark the latest step in the process of harmonising financial regulations across markets, but the nature of their focus – and some of the problems they seek to solve – mean that their relevance to Africa’s emerging and frontier markets can sometimes be limited.

 

Following the phenomenal success of Kenya’s 10-year-old M-Pesa programme, mobile money and mobile banking initiatives have begun popping up across the African continent. Beginning as a simple and secure way to transfer small amounts of money, mobile money programmes have evolved to offering subscribers a full suite of financial services,...

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