Ivory Coast
Ouattara tasks Hamed Cissé with developing banking sector strategy

Ivory Coast
US banks show increasing appetite for Ivorian market

American banking institutions are becoming increasingly active in Ivory Coast and are setting up shop over the long term in the area of sovereign debt.

Ivory Coast
Société Générale faces a flurry of resignations

Pending its sale, the leading banking institution in the West African Economic and Monetary Union (WAEMU) is facing a series of departures of its senior executives.

Ivory Coast
Société Générale's results fall short

Société Générale Côte d'Ivoire has published its results for 2024, the first year under new CEO Patrick Blas. Although net profit was up by 4%, this year's results fell short of the targets set.

Ivory Coast
Investment bank KeysFinance Partners covets financial intermediary role

The investment bank is hoping to involve itself in government bond issues and company listings on the West African regional stock exchange in Abidjan.

Palace Intrigues
Faustin-Archange Touadéra, Patrice Talon, Othman Benjelloun

Intrigues big and small – every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

CARTouadéra and presidential party contribute to adviser's funeral

BeninTalon to receive French ambassador's credentials

MoroccoBank of Africa boss Othman Benjelloun as sought-after as ever

Cameroon
BGFI and Zenith Bank both in running to buy Société Générale's local subsidiary

Banque Gabonaise et Française Internationale and Nigeria's Zenith Bank have both expressed an interest in acquiring Société Générale's Cameroon subsidiary.

Ivory Coast
French bank Société Générale speeds up its Ivorian exit

MD Slawomir Krupa hopes the sale of its Ivorian subsidiary can be completed before the presidential election of October 2025.

Ivory Coast
Cotton king Koné Daouda Soukpafolo set to acquire Versus Bank

The Ivorian businessman who heads up EKDS is finalising his bid to buy the state-owned Versus Bank.

Ivory Coast
Cocoa traders fall foul of Alassane Ouattrara's emergency export ban

By opting to prioritise the needs of the grinding plants of the large international groups, the Ivorian president has caused problems for local traders who no longer have the right to export unprocessed beans.

Morocco, Senegal
Banque Centrale Populaire aims to develop microcredit business in Senegal

The Senegalese subsidiary of Moroccan microfinance group AMIFA is set to join microcredit platform Sunu Nafa,

Spotlight | Morocco
French giants shiver as Rabat-Paris relations remain icy

French companies such as Veolia, Alstom and BNP Paris are struggling in Morocco against a backdrop of diplomatic tensions and have been forced to cut back their activities.