Posts Tagged ‘ivory coast’
The SIFCA group is one of Africa’s biggest agro-industrial firms. The Abidjan-based company lost 24 employees in the recent Ivorian conflict, including its CEO. How we made it in Africa speaks to new CEO, Bertrand Vignes.
Bloomberg reports that West Africa’s regional stock market, the Bourse Regionale des Valeurs Mobilieres, will relocate “temporarily” to Bamako, Mali after its offices in Abidjan, Ivory Coast were seized.
Nigeria’s United Bank for Africa (UBA) has suspended operations of its Ivory Coast subsidiary due to the political crisis in the country.
Ivory Coast’s commercial capital Abidjan has seen a second day of clashes between supporters of President-elect Alassane Ouattara and security forces loyal to rival President Laurent Gbagbo.
The political crisis in Ivory Coast has led to a 70% drop in exports from that country to Niger.
Ivory Coast faces severe economic consequences if the impasse between election winner Alassane Ouattara and rival Laurent Gbagbo is not resolved.