Côte d’Ivoire’s banking sector has been a critical instrument for the country’s economic recovery. As several sectors returned to growth following the end of political and military unrest in 2011, Ivorian banks helped finance expansion in infrastructure, energy, industry, agriculture and services. As a result of this revival, the economy has...
When it comes to widespread access to financial services, no other mechanism has been able to compensate for the shortcomings of the traditional banking system like mobile banking services. As mobile operators have expanded their offerings, such as the transfer of money between telecoms users, mobile money has become a lifeline for traders,...
Côte d’Ivoire’s high level of regional integration is evidenced in numerous ways: it is a net exporter of energy, has ratified free movement protocols of the regional economic blocs it belongs to – including ECOWAS and the Community of Sahel-Saharan States – and has played its part in successfully implementing convergence agendas set by the...
Côte d’Ivoire is turning to technology to ensure the ongoing education of and health care provision to its citizens amid the Covid-19 pandemic. After recording its first confirmed case of the virus in March 2020, the country is looking towards innovative solutions as people are staying home to stop the spread of the virus.
The authorities in Côte d’Ivoire have prioritised the expansion of financial inclusion as a mechanism to spread economic growth across a wider share of the population. As of 2015 almost 46% of Ivorians lived on less than CFA750 ($1.29) per day, according to the World Bank. Policymakers have identified limited access to financing mechanisms,...
The onset of a Covid-19-induced global recession has affected both labour markets and financial flows around the world. At the confluence of these two are remittances, which have increasingly been among the top contributors to GDP in many emerging markets over recent decades. The issue is particularly pertinent for the countries located in the...
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