The bond market is made up of 76% treasury bonds, issued by the eight West African Economic and Monetary Union (Union Economique et Monétaire Ouest Africaine, UEMOA) states; 16% from international and regional development institutions; and 8% corporate bonds. From 1998 to 2009 the corporate segment was not very active owing to regulation requiring corporate issuers to...
THE COMPANY: Unilever CI is the leading manufacturer of household cleaning products, personal and dental hygiene, and food products in Côte d’Ivoire. In December 2008 Unilever CI divested its oil activity to SIFCA Group and acquired Cosmivoire’s (SIFCA Group) soap activities to refocus its business portfolio on the production and...
THE COMPANY: Bolloré Africa Logistics CI is one of the major players in the transport, handling and logistics sector, offering air, road, sea and rail transportation services. In April 2009 the group management decided to change the company’s name from SDV-SAGA to Bolloré Africa...
Host to francophone West Africa’s regional stock exchange, the Bourse Régionale des Valeurs Mobilières (BRVM), Côte d’Ivoire has a more sophisticated financial services industry than most of its peers in the region, with an impressive geographic catchment area. The sixth-largest of Africa’s 29 exchanges by capitalisation, the BRVM has seen the...
THE COMPANY: Ecobank Transnational Incorporated is a pan-African bank, founded in 1985 in Togo, which operates in 36 African countries via six regional clusters, including Nigeria, francophone West Africa (nine countries including Côte d’Ivoire), the rest of West Africa (five...
While commercial banks have been rebuilding and expanding their bricks-and-mortar networks since 2011, the keys to reaching unbanked populations are proving to be alternative means like mobile money and microfinance institutions (MFIs). A handful of new MFIs – sanitised through fresh rules issued in 2011 – have seen strong double-digit growth in...
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