The banking sector has seen sustained double-digit growth since 2011, reinforcing Côte d’Ivoire’s role as the UEMOA bloc’s primary banking centre. The potential for continuing that growth is significant, as is the impact a larger financial sector would have on the national economy. That said, there are weaknesses in terms of sector performance with regard to its ability to lend, in particular...
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Cote d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011. The largest economy in UEMOA, and the third largest in ECOWAS, the country accounts for more than 30% of the eight-member bloc’s GDP.
Economic update | Tanzania banking turns mobile
28 Feb 2017
Mobile money has seen impressive growth in Tanzania in recent years, emerging as a key facilitator of financial inclusion, while agency banking is showing promise as a route to new customers for banks.
In a move that bucked broader trends on the Johannesburg Stock Exchange (JSE), South Africa’s banks saw their share prices jump in 2016, underpinned by a recovery in the commodities market, higher interest earnings and a vote of confidence from ratings agencies.
Articles & Analysis | Regulatory flexibility in Bahrain creates thriving insurance market from The Report: Bahrain 2017
The wide array of local and international insurance companies that operate out of Manama have flourished in a regulatory environment that has allowed them to serve the small domestic market while simultaneously extending their operations regionally. A history of sound prudential oversight has protected them from the series of economic shocks...
Articles & Analysis | Following delays, momentum builds for compulsory health insurance in Bahrain from The Report: Bahrain 2017
It has been more than a decade since Bahrain’s Shura Council, the state’s main legislative body, first granted its approval for a compulsory health insurance system. The proposal came at a time when governments across the region were attempting to shift the increasingly costly burden of health care provision towards the private sector. After...