What can be done to increase banking penetration and savings rates?
What can be done to increase banking penetration and savings rates?
The Basel III banking accords mark the latest step in the process of harmonising financial regulations across markets, but the nature of their focus – and some of the problems they seek to solve – mean that their relevance to Africa’s emerging and frontier markets can sometimes be limited.
Following the phenomenal success of Kenya’s 10-year-old M-Pesa programme, mobile money and mobile banking initiatives have begun popping up across the African continent. Beginning as a simple and secure way to transfer small amounts of money, mobile money programmes have evolved to offering subscribers a full suite of financial services,...
The insurance sector in Côte d’Ivoire has been posting solid growth figures for years. The pickup in the country’s economy after 2012 has made the sector increasingly attractive, prompting the arrival of new competitors aiming to establish a foothold in West Africa’s biggest insurance market.
THE COMPANY: Established in Côte d’Ivoire approximately 60 years ago, Société de Limonaderies et Brasseries d’Afrique (Solibra) produces and markets beers, soft drinks and mineral water. Solibra, which is part of Castel Group, has four production sites – two plants in Yopougon, one in Bouaflé and...
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.
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