- Bank of Tanzania scraps card transactions fees
- EBID board of directors approves investments of FCFA 10 billion and €40 million to promote the private sector and develop infrastructure
- Kenya’s President makes cabinet changes, fires two ministers
- Kenya’s President makes cabinet changes, fires two ministers
- Explainer: Why Kenyan Cabinet has extended oil deal with the Gulf
- Kenya’s President Ruto confident of US- AGOA renewal
- The ECOWAS Bank for Investment and Development wins the Africa Sustainability Award.
- Somalia, Ethiopia agree to squash tense port feud, Turkish leader says
Author: Mireille Patricia Abié
Despite an economic environment strongly marked by the Covid-19 health crisis and a fairly competitive Ivorian insurance market, some companies such as “La Loyale Vie” have been able to keep their commitments where its partner “La Loyale Assurances” struggles. to come out of his financial woes. Back on the journey of these “Siamese sisters” with different destinies. La Loyale Assurances and La Loyale Vie were created in 2003 by the same investors to offer Ivorians life and non-life insurance products. And in accordance with the regulations in force, the two companies are two very distinct entities with their own management.…
Ivory Coast has a new Prime Minister. Patrick Achi, Secretary General of the Presidency who, since March 8, 2021, also assumed the interim of Hamed Bakayoko at the head of the Ivorian Government has just been confirmed in this post on Friday 26th. It is done. 48 hours after the dissolution of the Ivorian government by President Alassane Ouattara, Côte d’Ivoire has a new prime minister. And unsurprisingly, it is Patrick Achi, Secretary General of the Presidency, who, since March 8, assumed the interim of Hamed Bakayoko, who now officially and formally occupies the chair of his predecessor who died…
Visa is launching the “Where You Shop Matters” campaign to help Ivorian SMEs successfully digitize their services in order to better cope with the Covid-19 crisis. Faced with the pandemic which continues to impact global economic activity, companies are stepping up initiatives to digitize their activities. Visa, the world leader in digital payments, has decided to help small and medium-sized Ivorian businesses make this transition from physical to digital. She therefore recently launched the “Where You Shop Matters” or “Consumers Local” campaign, an initiative that aims to help and enable entrepreneurs in Côte d’Ivoire to develop their businesses. “Where You…
The management team of Société Générale de Côte d’Ivoire (SGCI) was in front of the press this Wednesday, October 14 by videoconference to present the report of the bank’s financial results for the financial year of the first half of 2020. A double-digit performance despite the vagaries of the global Covid-19 health crisis. This is how the balance sheet of SGCI’s financial results for the first half of 2020 is presented, presented to the press by the general management held by Aymeric Villebrun during a videoconference on October 14, 2020. The dashboard indicators are as follows: a dynamic business fund,…
“Bad housing” and anarchic constructions are the common evil that undermines most of the major cities in sub-Saharan Africa. In this interview, Ms. Kadidja Duparc, CEO of Sky Architects, presents to us as an expert on the built environment, her possible solutions to cure African cities of this scourge. Financial Afrik: Ms. Kadidja Duparc, you are the head of SKY Architects, an agency based in Abidjan in the Ivory Coast and specialized in architecture. What is specific about SKY Architects in this vast area of the built environment? Kadidja Duparc: SKY Architects specializes in architecture, town planning, landscape, design and…
In Ivory Coast, every November 15 is dedicated to the celebration of peace. And this celebration is usually marked by reforestation operations. Beyond a simple symbolic, the Ivorian authorities have institutionalized this gesture to encourage each citizen to participate in reforestation and thus fight against the effects of global warming. Sutout that according to official figures, the country has lost more than 80% of its forests in half a century. Côte d’Ivoire celebrates peace by planting trees. And LafargeHolcim Ivory Coast did not want to be outdone by this national momentum. The producer of Aries cement has therefore, through the…
The first Business Center of the Ivorian Bank Corporation (SIB) opened its doors at the Industrial Zone of Yopougon, the largest municipality in Abidjan. An infrastructure equipped with a fully automated banking service (LSB) that allows customers to perform themselves, in a completely autonomous way, certain operations such as cash payments, check deposits etc … This is the new offer from the Ivorian Bank Corporation (SIB). Indeed, as part of the implementation of its strategic plan called IMPACT 2023, the SIB decided it remembers the establishment of Centers to facilitate the operations of its corporate clients. And the deployment of…
«KeyOpsTech offers digital and secure parcel tracking between sub-Saharan cities via smartphone» KeyOpsTech, is a computer solution that allows to send a package or folds between different cities in sub-Saharan Africa with digital and secure tracking for the sender and the recipient. Financial Afrik: Cynthia Aïssy, you are the General Manager of KeyOpsTech, so what is KeyOpsTech? Cynthia Aïssy: KeyOpsTech is an IT solution that allows the digital tracking of packages and folds between different cities in sub-Saharan Africa. We have been present in Ivory Coast and Senegal since 2018 and for a few months in Mali and Burkina Faso.…
As part of its digital transformation plan, the Banque Centrale Populaire (BCP) is continuing its deployment in sub-Saharan Africa through its Atlantique Mobile network, an application with several major innovations. Accessible to everyone on the Google Play Store for Android devices and Apple App Store for iOS, Atlantic Mobile is a fully customizable application that combines ergonomics and agility to provide an optimal customer experience. It allows its users, beyond the traditional consultation and transaction services, to manage their cards and their bank accounts safely. Already operational in Côte d’Ivoire, Atlantic Mobile is now available throughout the French-speaking UEMOA area:…
Ivorian small and medium-sized companies will benefit from Societe Generale’s support. This bank opened a “Maison de la PME” on July in Abidjan. Société Générale Côte d’Ivoire now has an agency specifically dedicated to supporting small and medium-sized companies. It officially opened its “Maison de la PME” on Thursday, July 11, 2019 in the presence of the Minister of Commerce, Industry and Promotion of SMEs, Mr. Souleymane Diarrassouba. In fact, to support SMEs that are at the heart of African economies, Société Générale has initiated the creation of “Maisons de la PME” in each of its subsidiaries. And after Senegal…
The African Continental Free Trade Area (ZLECA) and the challenges and prospects of agribusiness were at the end of the 7th edition of the Attijariwafa bank economic forum held in Abidjan. In Margin of the last summit of the Heads of State of the African Union held in Niamey in Niger, the Africa Development Club of the Attijariwafa bank group and the Ivorian Bank Corporation organized on July 4 and 5 in Abidjan a multisectoral mission to discuss the ZLECA and Agro-industry. Thus, more than 300 business and institutional leaders, including delegations from Morocco, Egypt, Tunisia, Senegal, Burkina Faso, Cameroon,…
Ivory Coast: Atlantic life insurance “offer” “Retirement Health Savings” for people of the third age
Atlantic Life Insurance, a subsidiary of the Banque Centrale Populaire Group (BCP), conducted on Thursday, July 4th in Abidjan, the launch of a new product exclusively intended for seniors. “SAVINGS HEALTH RETIREMENT”. This is the new product that Atlantique Assurance Vie, a subsidiary of the Banque Centrale Populaire (BCP) group, offers to seniors in Côte d’Ivoire. So that this segment of the population whose number has been multiplied by 2.6 in 23 years can now live retirement with access to quality care. Since July 4, 2019, the elderly and specifically retirees, who live for the most part in “social oblivion”…
Atlantic Bank and MOOV NIGER have proceeded since Thursday, June 27, 2019, in Niamey, the signing of an agreement for the launch of a new service called “FLOOZ WALLET BANE”. In Niger, customers of Banque Atlantique, a subsidiary of the Banque Centrale Populaire Group subscribers at the telephone operator “Moov” and with a “Flooz” account, now have access to a set of services enabling them to better secure their funds and at the same time make faster transactions just from their cell phones. This unique and innovative service for this West African country is effective since June 27, 2019, when…
The Mo Ibrahim Foundation held its 12th Ibrahim Governance Week (IGW) “from April 5 to 7, 2019 at the Sofitel Hotel Ivoire in Abidjan, Ivory Coast. Côte d’Ivoire ranks 22nd in 2018 and leads progressive countries in Africa, according to the Mo Ibrahim Foundation’s good governance indices. This is certainly one of the reasons why this foundation, which supports good public governance and quality leadership on the African continent, held its 12 th meeting from 5-7 April 2019 at Sofitel Hotel Ivoire in Abidjan. The various personalities who responded to the invitation of the very wealthy Anglo-Sudanese Mo Ibrahim have…
Dr Donald Kaberuka and Lionel Zinsou, co-chairmen and co-founders of Southbridge Group, will proceed on Monday, April 8, to launch the activities of the investment bank in Côte d’Ivoire in the presence of Abdourahmane Cissé, Minister of Petroleum, energy and the development of renewable energies. Southbridge is a complete Anglo-Saxon merchant bank combining advice, public and private sector support and fundraising. The menu of the Abidjan meeting will discuss private sector financing. The reception of these two heavyweights of the world and African economic and financial scene is the initiative of Serge Thiémélé and Hamet Aguemon, Associates. The event takes…
The DANGOTE CEMENT company announces the construction of a cement manufacturing plant in Côte d’Ivoire and the acquisition of logistical means that will generate 800 direct jobs. The announcement was made to the Minister of Commerce, Industry and Promotion of SMEs, Souleymane Diarrassouba, by Camara Guy Adama, Project Leader, during the audience granted by the Minister in charge of the project. industry on Wednesday 03 April 2019. Camara Guy Adama said that the project is 70% of its implementation, with more than 80% in equipment and almost 80% in construction and civil engineering.
The AfDB organized a business opportunity seminar in Abidjan, attended by about 100 economic operators from all over the world to reflect on the economic transformation of the continent and seize the business opportunities offered by the institution. On Friday, April 5, the pan-African institution took the opportunity to inform economic operators that companies in member countries that bid on AfDB projects and are guilty of fraud or corruption, fall under the sanctions of the bank . These corrupt businesses will now be banned from business with the bank for a period of one year or more.
Ivory Coast’s Minister of Petroleum, Energy and Renewable Energy, Abdourahmane Cissé, presented Ivory Coast’s solutions to fight against immigration and youth unemployment at the Mo Ibrahim Foundation Forum that took place from April 5th to 7th, 2019 in Abidjan. The issue of youth and employment is an important issue for all policy makers on the African continent. The Mo Ibrahim Foundation has therefore made it one of the reference themes of the 12th Mo Ibrahim Forum, held this weekend in Abidjan in the economic capital of Côte d’Ivoire. Since Friday, April 5, 2019, Côte d’Ivoire has become, for a weekend,…
Third largest in the world to provide the elite that leads the world of business, HEC-Paris wants to allow a greater number of managers and financial professionals to retrain but especially to have access to its training. This 140-year-old business school is launching the “Executive Certificate Finance Blended Learning”. HEC-Paris wants to intensify the skills enhancement of African managers and managers from Côte d’Ivoire. For this purpose this elite business school launches the “Executive Certificate Finance Blended learning”. A diploma training that will alienate virtual training and face-to-face with a program that is divided into 3 modules. The information was…
The Ivorian government announces the destruction of 18,000 tons of “substandard” rice. The 18,000 tons of rice from India and Burma that were stored at the port of Abidjan since March 18 will be destroyed. The information was given by the Ivorian Ministry of Trade and Promotion of SMEs. The inspection of the cargo of 18,000 tons of Burmese rice unloaded at the Port of Abidjan from 11 to 18 March 2019 by the Ocean Princess, from Asia via the ports of Conakry and Lomé, revealed “anomalies on quality,” said the Ivorian Minister of Commerce, Industry and Promotion of SMEs,…
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com
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