It’s a particularly handy innovation if the money intended for deposit is available in cash as you won’t be able to deposit using the Ecobank mobile app. What’s more, if you’re using cheques, it may take longer for the bank to make your funds available using mobile deposits as compared to ATM deposits.
Following the restrictive measures enacted by the government in response to the spread of the coronavirus, the private sector hopes to benefit from the government from a reduction in corporate tax of 12.36%, according to the survey on the economic impact of the pandemic carried out in June 2020 by the task force, the technical...
“This signature shows France's unwavering support for the Republic of Congo, at a time of health crisis with significant economic and financial consequences. The initiative of the Paris Club and the G20 to suspend debt service is a strong accompanying signal at a critical time, "the French Minister for Foreign Trade and Attractiveness said.
To implement this private project at a total cost of 10.4 billion CFA francs Global Development. The BDEAC grants a loan of 5 billion CFA francs, or 48% of the total cost while the BSCA-Bank grants a loan of 2.6 billion CFA francs or 25% of the total cost, Global Developpement puts as equity 2,...
According to the newspaper, an official statement made public on April 12, 2021, by the ITFC specifies that “thanks to this framework agreement, the ITFC will also extend its support to SMEs and the private sector, through lines of financing to banks local and financial institutions. In particular, it will assist in the development of...
However, year-on-year, loans granted to the private sector increased by 2.9% to CFAF 1,132.6 billion in December 2020. They represented 70.9% of total loans against 67.9% in December 2020. This availability of resources would have made it possible to support private sector actors during the last health crisis.
According to the Minister of SMEs, craftsmanship and the informal sector, Yvonne Adelaide Mougany, the goal has been achieved, that of engaging entrepreneurial culture among young people and women. All social layers have been selected in this national private sector support initiative, as women account for 31% of all winners and 14% for vulnerable people.
The Bank thus hopes to get its hands on the operators who are at the origin of the current account deficit observed during fiscal year 2020. If the exact figures of this deficit are not communicated, the media are still talking about a considerable deficit which has led, in recent months, to a reduction in...
According to Agence France Presse, to date, 46 countries out of the 73 eligible, have requested and obtained a postponement of the payment of interest, for an amount of 5.7 billion dollars.
