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Ivory Coast
Finactu, the maestro of Ivorian expats' savings

Finactu, the go-to financial advisory for French-speaking Africa insurance companies and governments, has set up a banking-insurance consortium with Ivory Coast's savings bank to pool money sent home from the diaspora. One of Finactu's former clients, a subsidiary of insurance firm Atlantique, is on board the project. [...]

Published on 28/10/2020 at 06:00 GMT Reading time 2 minutes

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Finance, Business

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Atlantique
Atlantique assurance vie
Atlantique Assurances Côte d'Ivoire
Banque centrale populaire
Banque nationale d'investissement
Bernard Kone Dossongui
BNP Paribas
Caisse des Depots et Consignations
Caisse generale de retraite des agents de l'Etat
Caisse Nationale de Prevoyance Sociale
Denis Chemillier-Gendreau
Ecobank
Finactu
Géraldine Mermoux

Ivory Coast
BNP Paribas pulls out of Ivory Coast

BNP Paribas's management will leave is Ivorian branch Banque Internationale pour le Commerce et l'Industrie de Côte d'Ivoire (BICICI) on 15 February, after it was purchased by the Ivorian state in September.

Subscribers only Finance 15.02.2023

Ivory Coast
Ouattara tinkers with BICICI takeover task force

The president has made several adjustments to the pool of public entities in charge of preparing the takeover bid for the Ivorian subsidiary of BNP Paribas, the Banque Internationale pour le Commerce et l'Industrie de Côte d'Ivoire.

Subscribers only Finance, Business 07.06.2022

Morocco, West Africa
British CDC quietly breaks alliance with Moroccan BCP

The British developement agency has co-invested in West Africa along with the Moroccan Central People's Bank since 2017 but now wants to sell its stake in their joint holding company, which controls the West African financial group Banque Atlantique.

Subscribers only Finance, Business 22.02.2022

Ivory Coast
Société Générale looks for a new pathfinder in the corridors of power

The long-serving chairman of the Ivorian subsidiary of France's Société Générale bank, 81-year-old Tiémoko Yadé, told the bank last month that he wanted to stand down. Société Générale, which is Ivory Coast's leading bank, now needs to find a successor with good contacts with the authorities without being too close to them.

Subscribers only Finance, Business 29.06.2021

Cameroon
With Atlantic Cement, Koné Dossongui wants to muscle in on Dangote's patch

Not content with building a cement works in Abidjan in partnership with China's Jiangsu Pengfei, Ivorian businessman Bernard Koné Dossongui's Atlantic is now planning to set up a factory in Douala, a stronghold of Nigerian giant Dangote Cement.

Subscribers only Business 15.02.2021

West Africa
Adovelande and Derreumaux help Finactu to design its strategy

Finactu, the financial advisory popular in French-speaking Africa, has brought in three African finance experts to hone its strategy. Two of these new "independent members" - former BOAD president Christian Adovelande and Bank of Africa founder Paul Derreumaux - know the consultancy well.

Subscribers only Finance, Business 18.12.2020

Christian Adovelande, chairman of the West African Development Bank (BOAD).

West Africa
BNP gives up on idea of single buyer for its West African portfolio

After six months of trying to sell its branches in Mali, Burkina Faso and Guinea as a single West African portfolio, the French bank BNP Paribas is now looking at options to sell them in batches.

Subscribers only Finance, Business 14.05.2020

Africa, France
How BNP Paris is quietly shedding its African liabilities

It's been more than five years since BNP Paribas, in the wake of the $8.9 billion fine imposed in 2014 by the U.S. Department of Justice for doing business with countries under sanctions, gave up its very lucrative oil-backed lending and other high-stakes activities in Africa.

Subscribers only Finance, Business 09.04.2020

West Africa
Alpha Condé complicates sale of BNP Paribas network

The French bank has shortlisted two candidates to take over its subsidiaries in Mali, Burkina and Guinea, but one of the two firms is not to the liking of a wary Guinean government.

Subscribers only Finance, Business 04.12.2019

Ivory Coast
French banks locked out of commodity royalties

The body overseeing the coffee and cocoa sectors in Ivory Coast seems to be turning its back on French banks when it comes to investing royalties earned from the crops.

Subscribers only Business 19.10.2016

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Atlantique
Atlantique assurance vie
Atlantique Assurances Côte d'Ivoire
Banque centrale populaire
Banque nationale d'investissement
Bernard Kone Dossongui
BNP Paribas
Caisse des Depots et Consignations
Caisse generale de retraite des agents de l'Etat
Caisse Nationale de Prevoyance Sociale
Denis Chemillier-Gendreau
Ecobank
Finactu
Géraldine Mermoux

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Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Ivory Coast
Finactu, the maestro of Ivorian expats' savings

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Ivory Coast
BNP Paribas pulls out of Ivory Coast

Ivory Coast
Ouattara tinkers with BICICI takeover task force

Morocco, West Africa
British CDC quietly breaks alliance with Moroccan BCP

Ivory Coast
Société Générale looks for a new pathfinder in the corridors of power

Cameroon
With Atlantic Cement, Koné Dossongui wants to muscle in on Dangote's patch

West Africa
Adovelande and Derreumaux help Finactu to design its strategy

West Africa
BNP gives up on idea of single buyer for its West African portfolio

Africa, France
How BNP Paris is quietly shedding its African liabilities

West Africa
Alpha Condé complicates sale of BNP Paribas network

Ivory Coast
French banks locked out of commodity royalties

Set up email notifications for these topics

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo The secrets of Demex, the trader selling Russian oil in West Africa

African Union: the battle of the giants

West African cocoa cartel battles with the traders

The generals waging war from Khartoum to Darfur

Ivory Coast Finactu, the maestro of Ivorian expats' savings

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Ivory Coast BNP Paribas pulls out of Ivory Coast

Ivory Coast Ouattara tinkers with BICICI takeover task force

Morocco, West Africa British CDC quietly breaks alliance with Moroccan BCP

Ivory Coast Société Générale looks for a new pathfinder in the corridors of power

Cameroon With Atlantic Cement, Koné Dossongui wants to muscle in on Dangote's patch

West Africa Adovelande and Derreumaux help Finactu to design its strategy

West Africa BNP gives up on idea of single buyer for its West African portfolio

Africa, France How BNP Paris is quietly shedding its African liabilities

West Africa Alpha Condé complicates sale of BNP Paribas network

Ivory Coast French banks locked out of commodity royalties

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Ivory Coast
Finactu, the maestro of Ivorian expats' savings

Ivory Coast
BNP Paribas pulls out of Ivory Coast

Ivory Coast
Ouattara tinkers with BICICI takeover task force

Morocco, West Africa
British CDC quietly breaks alliance with Moroccan BCP

Ivory Coast
Société Générale looks for a new pathfinder in the corridors of power

Cameroon
With Atlantic Cement, Koné Dossongui wants to muscle in on Dangote's patch

West Africa
Adovelande and Derreumaux help Finactu to design its strategy

West Africa
BNP gives up on idea of single buyer for its West African portfolio

Africa, France
How BNP Paris is quietly shedding its African liabilities

West Africa
Alpha Condé complicates sale of BNP Paribas network

Ivory Coast
French banks locked out of commodity royalties