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In what ways can Côte d’Ivoire’s capital markets be made more attractive?

 

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...

 

Facing rising competition from telecoms companies, traditional banks are investing significantly to upgrade their digital platforms, while some have launched their own mobile services. Mobile banking is growing by the day, as the range of products available to consumers continues to rise.

 

On October 24, 2013 the Conference of Heads of State and Government of UEMOA inaugurated an annual review through Act No. 05/2013/CCEG/UEMOA to encourage members to accelerate the implementation of reforms, policies, programmes and community projects within the union. In application of the act’s provisions on the modalities for the review’s...

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