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Once one of Africa’s economic powerhouses, the Republic of Côte d’Ivoire fell on hard times in the 1980s and entered a period of political instability and civil war at the end of the 1990s. The country has largely been at peace since 2011, enjoying some of the highest economic growth rates globally, especially during the period 2012-16. Still...

Today, the African continent is home to 60% of the world’s arable land. It has abundant energy resources ranging from hydrocarbons to renewable energies. In addition, four of the world’s 10 most dynamic economies, including Côte d’Ivoire, are on the African continent. By 2050, one in four people of the globe’s population will be African and...

UEMOA member states’ budget execution in 2017 resulted in an aggravation of budget deficits in comparison to 2016, in conjunction with increases in investment and current expenditure. In this context the UEMOA states have resorted to sovereign debt emissions to cover their resource needs. The outstanding amount of their West African CFA franc...

The period of easily raising funds from abroad seems to be coming to an end for emerging markets around the world. In the new environment of higher interest rates in the US and increased competition for capital flows, portfolio managers are becoming more selective with where they place their money.

The UEMOA banking system, which has experienced accelerated development over the last five years with average annual growth of 13% of the total sector balance sheet, has remained globally stable and profitable. Nonetheless, there are still pockets of vulnerability. Indeed, some banks are still undercapitalised and several small banks still do...