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Interview

Jean-Marie Ackah, President, General Confederation of Businesses of Côte d’Ivoire; and President, Federation of West African Employers’ Organisation: Interview
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Interview:Jean-Marie Ackah What can be done to facilitate access to finance for small and medium-sized enterprises (SMEs)? JEAN-MARIE ACKAH: SMEs play a particularly important role in African economies, representing around 90% of private sector enterprises. However, according to several studies, more than 70% of these enterprises have difficulty accessing medium- and long-term credit. This…
Interview

Eric Kacou, CEO, Entrepreneurial Solutions Partners: Interview
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Interview:Eric Kacou How can Côte d’Ivoire improve its business climate? ERIC KACOU: There are two main aspects of Côte d’ Ivoire’s business climate that need to be improved, as highlighted in the World Bank’s ease of doing business index. First, Côte d’Ivoire, which is an important member of the UEMOA, could achieve better results by enhancing regional trade. Although this would…
Interview

Emmanuel Esmel Essis, Director-General, Investment Promotion Agency of Côte d’Ivoire: Interview
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Interview:Emmanuel Esmel Essis To what extent has the one-stop shop facilitated investment in Côte d’Ivoire? EMMANUEL ESMEL ESSIS: The one-stop shop is an essential tool for building an entrepreneurial ecosystem and an important lever for promoting investment. It brings together all departments involved in establishing a company under one roof, ensuring the facilitation of administrative…
Interview

Jean-Luc Konan, Managing Director, Groupe COFINA: Interview
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Interview:Jean-Luc Konan What role can meso-finance play in Côte d’Ivoire? JEAN-LUC KONAN: Meso-finance is the branch specialised in financing small and medium-sized enterprises (SMEs). In Côte d’Ivoire SMEs account for 98% of the companies registered and contribute around 20% of GDP, 12% of national investment and represent 23% of the active population. SMEs respond to the growing demand…
Interview

Tiémoko Meyliet Koné, Governor, Central Bank of West African States (Banque Centrale des Etats de l’Afrique de l’Ouest, BCEAO): Interview
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Interview:Tiémoko Meyliet Koné How has the penetration of financial services in Côte d’Ivoire evolved in recent years? TIÉMOKO MEYLIET KONÉ: As of the end of 2018 there were more than 90,000 financial services access points, 60 per 10,000 people and 293 per 1000 sq km compared to 16 per 10,000 people and 168 per 10,000 sq km in 2014. As a result, the financial inclusion rate increased…
Interview

Niamkey Isidore Tanoé, CEO, Atlantique Finance: Interview
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Interview:Niamkey Isidore Tanoé To what extent will eurobonds and other financial mechanisms help alleviate Ivorian debt? NIAMKEY ISIDORE TANOÉ: The government has been allowed to borrow on international markets in either euros or dollars for some time now. The maximum amount allowed by the authorities is about $2bn. This was fundamental to reducing the Ivorian debt, as without this allowance,…
Interview

Félix Edoh Kossi Aménounvé, CEO, Bourse Régionale des Valeurs Mobilières (BRVM): Interview
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Interview:Félix Edoh Kossi Aménounvé To what extent could the adoption of the eco currency benefit activity on the BRVM? FÉLIZ EDOH KOSSIAMÉNOUNVÉ: The BRVM, like other stock exchanges on the continent, is looking for innovative solutions to widen and deepen the capital markets sector, taking into account challenges such as the low attractiveness for foreign investors, low rates…
Interview

Laureen Kouassi-Olsson, Regional Head for West and Central Africa, Amethis: Interview
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Interview:Laureen Kouassi-Olsson What are the strengths inherent to the local market that have historically attracted foreign investment? LAUREEN KOUASSI-OLSSON: Côte d’Ivoire is a competitive investment destination with a stable currency, longterm visibility and attractive return prospects. Moreover, it is the entry point to UEMOA, a well-integrated economic zone from a regulatory, tax…

Interview

Eric Amoussouga, CEO for Francophone Africa, General Electric: Interview
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Interview:Eric Amoussouga In terms of increasing electricity access, what challenges does Côte d’Ivoire need to overcome? ERIC AMOUSSOUGA: Ensuring every household has access to electricity is an essential right and one of the main objectives of all countries in the subregion. Côte d’Ivoire aims to connect all villages with more than 500 inhabitants by the end of 2020. The implementation…
Interview

Christine Logbo-Kossi, Executive Director, Chamber of Mines of Côte d’Ivoire: Interview
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Interview:Christine Logbo-Kossi In what ways has the mining sector developed in recently, and what challenges does it currently face? CHRISTINE LOGBO-KOSSI: The mining sector in Côte d’Ivoire is growing, and the government has tried to make it a priority for the country’s economic development. The adoption of a modern mining code in 2014 and the implementation of several new regulations…