Côte d’Ivoire’s banking sector has been a critical instrument for the country’s economic recovery. As several sectors returned to growth following the end of political and military unrest in 2011, Ivorian banks helped finance expansion in infrastructure, energy, industry, agriculture and services. As a result of this revival, the economy has...
The onset of a Covid-19-induced global recession has affected both labour markets and financial flows around the world. At the confluence of these two are remittances, which have increasingly been among the top contributors to GDP in many emerging markets over recent decades. The issue is particularly pertinent for the countries located in the...
The authorities in Côte d’Ivoire have prioritised the expansion of financial inclusion as a mechanism to spread economic growth across a wider share of the population. As of 2015 almost 46% of Ivorians lived on less than CFA750 ($1.29) per day, according to the World Bank. Policymakers have identified limited access to financing mechanisms,...
When it comes to widespread access to financial services, no other mechanism has been able to compensate for the shortcomings of the traditional banking system like mobile banking services. As mobile operators have expanded their offerings, such as the transfer of money between telecoms users, mobile money has become a lifeline for traders,...
UEMOA member states’ budget execution in 2017 resulted in an aggravation of budget deficits in comparison to 2016, in conjunction with increases in investment and current expenditure. In this context the UEMOA states have resorted to sovereign debt emissions to cover their resource needs. The outstanding amount of their West African CFA franc...
The period of easily raising funds from abroad seems to be coming to an end for emerging markets around the world. In the new environment of higher interest rates in the US and increased competition for capital flows, portfolio managers are becoming more selective with where they place their money.
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