The expansion of the UAE’s non-oil sector over the past 10 years has been one of the major economic success stories to emerge from the country. A number of factors have combined to bring this about, nearly all of them a direct result of government policy. The nation’s openness as a business destination, the resulting expansion of the workforce and expatriate population,...
A new financial centre for Abu Dhabi is taking shape on Al Maryah Island. Due to formally launch in 2015, Abu Dhabi Global Market (ADGM) is designed to promote the emirate as a global financial centre, develop the economy and make Abu Dhabi an attractive environment for financial investments. Developing the financial services sector is one of the seven pillars of Abu...
The best way of using public funds to encourage entrepreneurship has long been a source of debate. Market purists argue that a government’s role is primarily that of an enabler, in that its core focus should be on creating an environment in which capital can flow from investors to new businesses. The classic example of this approach is Silicon Valley, where a confluence...
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...
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...
THE COMPANY: After 60 years in operation, the Société de Limonaderies et Brasseries d'Afrique ( Solibra) has developed production expertise and unparalleled consumer awareness in the beverage market in Côte d'Ivoire. The company has invested nearly CFA47bn (€70.5m) since 2012 to...
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