Founded in 1998 the Bourse Régionale des Valeurs Mobilières (BRVM) is the stock exchange for the UEMOA zone. Initially composed of 35 companies listed on its equity sub-fund, the stock exchange grew to 45 companies at the end of 2017, 35 of which were Ivorian. In addition to this, the stock exchange boasted 37 bond lines.
Strong economic growth in recent years has driven demand for energy by Côte d’Ivoire’s businesses and residents, leading the country to make substantial efforts to increase its generation capacity, upgrade ageing infrastructure and expand the electricity network. These developments have translated into increased investment from private...
Côte d’Ivoire’s strong economic growth since 2012 has driven a sharp expansion in the insurance sector, with premium rising almost 40% between 2013 and 2017. While the main actors have remained the same, the last few years have seen an influx of foreign and local players entering the market. If the increased competition has sometimes resulted...
The banking sector has played a key role in financing reconstruction in Côte d’Ivoire since the end of the decade-long political and military crisis in 2011. As a result, stellar economic growth – which has averaged 8.8% since 2012 – has driven a solid banking expansion in the country, with the number of banks and branches growing steadily...
As a strong advocate of economic and trade integration in West Africa, Côte d’Ivoire has placed great emphasis on rebuilding and extending region-wide infrastructure networks. Such efforts have the local business community upbeat, with 68% of respondents in the 2019 edition of the Business Barometer: Côte d’Ivoire CEO Survey saying the African...
Although they account for the majority of the companies in operation in Côte d’Ivoire, small and medium-sized enterprises (SMEs) are confronted with a number of difficulties – similar to most countries in Africa – that prevent them from developing and expanding. Issues include access to credit, low survival rate in the first three years of...
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