Africa Economy

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A new $918m deal with the IMF should alleviate some of Ghana’s fiscal pressures and help restore investor confidence ahead of a critical bond issue, but further reforms will be needed to balance the budget.

Garnering more investment, loans and assistance packages than had been widely expected, Egypt’s Economic Development Conference (EEDC) secured investment contracts worth $36.2bn, an additional $18.6bn in infrastructure contracts to set up power plants, and $5.2bn in loans from international financial institutions.

Si les prix bas du pétrole ont un effet tangible sur l’économie gabonaise, le gouvernement s’attend tout de même à ce que le pays enregistre cette année une solide croissance du PIB grâce aux efforts continus de diversification des activités économiques.

What measures could help to bolster revenues in the life insurance segment?

Bolstered by the economic rebound since 2012, double-digit growth in Côte d’Ivoire’s insurance sector is attracting new entrants and product innovation. While it is the largest market of the 15-country Inter-African Conference of Insurance Markets (Conférence Interafricaine des Marchés d' Assurances, CIMA), the sector is fragmented for its size...

Articles & Analysis | SGBCI: Banking from The Report: Cote d'Ivoire 2015

THE COMPANY: Société Générale de Banques en Côte d’Ivoire (SGBCI) is the largest bank in the West African Economic and Monetary Union and was created in 1962 from the local branches of France’s Société Générale bank, with the participation of the government and several international...

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