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Jean-Guy LARRIVIÈRE
Head of International Desk Africa, Middle East
Jean-Guy LARRIVIÈRE
Head of International Desk Africa, Middle East
Last updated: August 2023
The International Desk in Africa, Maghreb and the Middle East provides support to the Group's corporate clients (SMEs) through its privileged banking correspondents, particularly for account openings and local financing in CFA francs.
For non-banking matters, the International Desk offers the support of local specialists, leaders in business internationalisation.
General Information
Côte d'Ivoire offers many business opportunities in diversified sectors such as infrastructure, construction, energy, agriculture and agro-industry. Several reforms have been implemented to improve the business climate and the political climate in the country is currently stable.
The country also has structures that aim to facilitate administrative procedures such as the Single Window for Foreign Trade (SWFT) and the Investment Promotion Centre (CEPECI), which is essential for investors.
For a preliminary market approach, the common practice is to use a commercial agent or an importing distributor.
Côte d'Ivoire can also serve as a hub to reach other markets in the WAEMU sub-region.
Means of Payment & Banking Specificities
To secure payments, we strongly recommend the use of a confirmed documentary credit with payment on demand or even within 30 or 60 days maximum.
Payment delays are still frequent, most often due to a foreign exchange supply problem during the transfer.
Source: BIRD - BCEAO - Coface - MOCI
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