Tag Archives | business environment
The private equity industry in Sub-Saharan Africa is climbing to unprecedented levels. The core reason for this is rapid economic growth in many African nations, but also of significance are the facts that there is presently little or no commercial and consumer lending markets in the subcontinent, banks perceiving the risks as too high, and interest rates from lending institutions tend to be cripplingly inflated.
Côte d’Ivoire is the largest and historically most diversified economy in the franc zone. Years of domestic conflict damaged the country’s economy and reputation, but the strong-minded foreign policy Côte d’Ivoire launched in late 2011 has helped it to quickly restore its rank as a leading economic power in West Africa.