After decades of turbulence, the Ivoirian banking sector is experiencing something of a renaissance. Like the economy, Côte d’Ivoire’s banking sector was growing robustly until a crisis brought on by enthusiastic lending struck in the early 1980s. Bank defaults during this period cast a long shadow, paving the way for a steady increase over the...
With low levels of banking penetration and chronic challenges facing entrepreneurs wishing to access credit, one would have expected Côte d’Ivoire to be fertile ground for microfinance. However, it has not had as big an impact in Côte d’Ivoire as in some other developing countries. The nation only has 75 approved microfinance institutions (MFI)...
The Monetary Policy Committee of the BCEAO has proceeded to analyse the recent developments at the international and regional level and has evaluated risk factors that could weigh on the medium-term outlook in terms of price stability and of economic growth in the West African Economic and Monetary Union (Union Économique et Monétaire Ouest...
How can banks take advantage of low rates in order to boost retail growth in the sector?
To what extent has the BRVM been affected by instability in Côte d’Ivoire and in global markets?
THE COMPANY: Sonatel provides telecommunication solutions in the areas of fixed line, mobile, internet, television, as well as data services to individuals and businesses in countries including Senegal, Mali, Guinea and Guinea-Bissau.
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