Banking regulations across the UEMOA region have been expanding in scope over the 2016-18 period, centred around three key pillars: namely the introduction and enforcement of new minimum capital requirements; the migration to the Basel II and Basel III frameworks; and cross-jurisdictional collaboration between West African central banks.
The insurance sector in Côte d’Ivoire has enjoyed a dynamic half-decade. Strong and sustained economic growth since 2012 has made the industry increasingly attractive, prompting the arrival of multiple new competitors aiming to establish a foothold in West Africa’s biggest insurance market. Premiums have grown steadily, keeping pace with GDP...
Although it has increasingly become an important regional market in itself, Côte d’Ivoire’s geographic position has also made it a preferential destination for fast-moving consumer goods (FMCG) firms to base their regional operations. Attesting to that, several large-scale international operators are pushing through with plans to open new...
While the bulk of retail bank operations in Côte d’ Ivoire are still conducted through traditional branches, digitalisation has already revolutionised the sector, and there is little evidence that this trend will slow down as technology penetration continues to rapidly expand. Individuals have been able to carry out basic transactions using...
Headquartered in Abidjan, Côte d’Ivoire, the Bourse Régionale des Valeurs Mobilières (BRVM) serves the members of UEMOA (Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo) whose currency, the CFA franc, is pegged to the euro. The BRVM is among the world’s most successful integrated regional exchanges, and is...
Côte d’Ivoire enjoys amicable relations with the major world powers, with no outstanding bilateral issues. During the cold war, Côte d’Ivoire generally favoured the West and had no diplomatic ties with the USSR from between 1969 and 1986. It is a member of the UN and most of its specialised agencies. The international community generally sided...
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