Analysis

Which countries is Côte d'Ivoire strengthening ties with?
OBG
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Since independence in 1960 Côte d’Ivoire’s foreign policy has been characterised by friendly relations with the West, particularly France, and participation in regional and international multilateral organisations. The country’s relations with its immediate neighbours have generally been good, with few of the border tensions that are notable in other West African countries. In recent…

Analysis

Pros and cons of new West African currency for Côte d'Ivoire
OBG
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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 eight-country economic and monetary union…

Analysis

Côte d'Ivoire's innovative edu and health solutions to Covid-19
OBG
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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. E-Learning On April 6, 2020 the Ministry of National Education,…

Analysis

Côte d'Ivoire and West Africa focus on financial inclusion
OBG
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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, for individuals as well as for small and medium-sized…

Analysis

Mobile banking in Côte d'Ivoire
OBG
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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, independent businessmen and isolated populations across…

Analysis

What's driving Côte d'Ivoire's automotive market
OBG
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After contracting by 10% in 2016, the new vehicle market grew by 9% in 2017. This recovery continued in 2018 when the sector expanded by 14%, with a total of 11,376 units sold. This strong performance can be attributed to a combination of factors, including the resumption of public orders; resumed activity in the construction sector; increased agricultural production, particularly of cocoa,…

Analysis

How firms in Côte d'Ivoire are securing capital
OBG
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As Côte d’Ivoire seeks to consolidate its position as the leading financial centre in West Africa, the environment for private equity funds has been improving in recent years. Not only is the country’s economic capital Abidjan home to the Bourse Régionale des Valeurs Mobilières (BRVM), the regional exchange for the eight countries of UEMOA, but Côte d’Ivoire’s economic rebound from…

Analysis

Can Côte d'Ivoire's stock exchange recover?
OBG
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The Bourse Régionale des Valeurs Mobilières (BRVM) is the capital market of the UEMOA, which brings together Benin, Burkina Faso, Côte d’Ivoire, Guinea Bissau, Mali, Niger, Senegal and Togo. The BRVM began operating in 1998 with 35 companies listed on its equity compartment. As of the end of 2018 there were 46 listed companies, including 35 Ivorian companies, and 40 bond lines made up…