and senior officials of the Government and the BCEAO, as well as representatives of the business community and development partners.

“The IMF mission held meetings in Ouagadougou with the Minister of Economy, Finance and Prospective, M. Aboubakar Nacanabo; the BCEAO National Director, M. Armand Badiel; and other senior government ...

That is still far higher than in parts of West Africa. For example, the average lending rate in the West African Economic and Monetary Union (WAEMU) was 6.81% in January 2025, according to the BCEAO.

The asset manager joins 32 African states, the African Development Bank (AfDB), the Central Bank of West African States (BCEAO), and the Bank Al-Maghrib. The development reinforces Africa50’s ...

Liquidity issues have also worsened. Sonibank has struggled to meet withdrawal requests from customers and is no longer complying with key financial regulations set by the Central Bank of West African ...