THE COMPANY: Société Générale de Banques en Côte d’Ivoire (SGBCI), the largest bank in the West African Economic and Monetary Union, was created in 1962 from the local branches of France’s Société Générale with the participation of the government and several international financial partners.
THE COMPANY: Established in 1956, SIFCA Group took over Société Africaine de Plantations d’Hévéas (SAPH) through its subsidiaries OMNIPAR and SIPH in 1999. The rubber industry leader in Africa, SAPH has a production capacity of 180,000 tonnes per year and five main integrated farm units located in...
Several reforms over the past two years are helping to pave the way for greater liquidity on the Abidjan-based Bourse Régionale des Valeurs Mobilières (BRVM)The bourse has seen its market capitalisation more than double since 2012, but as with many emerging and frontier markets, trading is low and the exchange is dominated by “sit and hold”...
At a forum hosted by the African Development Bank (AfDB) at its headquarters in Abidjan in November 2016, Ivorian lenders pledged to dedicate CFA1.34trn (€2bn) in financing to small and medium-sized enterprises (SMEs) in 2017. The injection of credit aims to relieve pressure on smaller companies, which have traditionally struggled to obtain...
What difficulties are encountered by the BRVM in regards to attracting new companies and increasing market capitalisation?
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