BANK
IVORY COAST – Public Treasury Gets Seven Smart ATM’s

The Directorate General of the Treasury and Public Accounting, through its Treasury Deposit Bank, has inaugurated seven new ATMs, two (2) of which are new generations called smart ATMs. The inauguration ceremony was held on Wednesday, 24 February 2021, in Abidjan-Plateau, in the presence of Vassogbo Bamba, Deputy Chief of Staff and representative of the Minister of Economy and Finance, Adama Coulibaly.
The Directorate General of the Treasury and Public Accounting, strengthens its deployment and the modernization of its services by equipping itself with ultra modern aircraft. Seven new ATMs have been set up at the Bank’s main branch in Abidjan-Plateau. The intelligent ATMs make the Treasury, one of the first public administrations, members of the GIM-UEMOA network, to have such a modern and innovative device at the sub-region level.
It is pleased to note that the Public Treasury has taken a new step, in its beautiful modernization dynamic, through the establishment of state-of-the-art ATMs, designed to offer more diversified services to users, well-equipped andbeyond the range of traditional services provided by the ATMs of the local banks. This ability to reinvent itself constantly, in line with the evolution of its missions, is well known to all Administrations of excellence in the modern era,” declared the representative of the Minister of Economy and Finance, Vassogbo Bamba.
According to the Deputy Director General of the Public Treasury, Arthur Ahoussi, this activity is part of the modernization of management tools and methods, a major strategic focus of the Ivorian Public Treasury’s 2016-2020 Strategic Development Plan, today, in its evaluation phase. “In line with the realization of this project, since 2019, our administration has built its digitization strategy around the triptych: digitization of working methods – digitization of means of collection – digitization of means of payment”, he explained.
Presenting the characteristics of the new ATMs, he pointed out that, in addition to the traditional cash withdrawals and pay requests, these ATMs make it possible to issue cheques, make cash payments and edit account statements. In the long term, it should even be possible to open accounts and make personal transfers.
When it comes to ATMs installed inside the country, they will mainly have to provide relief to public servants who felt aggrieved until then. Better yet, in 2021, the Treasury Bank plans to launch a major project to open 50 ATMs in its 50 branches across the country. “The Treasury Deposit Bank is more than ever a local bank, ready to meet the expectations of all public servants working in cities in the interior of the country, even the most remote ones, where banking is not available. The Bank thus complies with its vocation to offer a public banking service, but above all of quality to all citizens of the country,” stressed Arthur Ahoussi.
BANK
BAD: Mauritanian Sidi Ould Tah takes the reins of the institution

Mauritania is in the spotlight. On Thursday, May 29, 2025, Sidi Ould Tah was elected president of the African Development Bank (AfDB), at the annual meeting of the institution held in Abidjan. He succeeds Akinwumi Adesina of Nigeria, in office since 2015.
His election came after a hard-fought duel against Samuel Munzele Maimbo of Zambia, who finished in second place. The election, which was marked by major geopolitical and economic issues, took place against a background of high expectations regarding governance and development financing on the continent.
The Senegalese Amadou Hott, long perceived as one of the favorites, finishes in third place, followed by the South African Bajabulile Swazi Tshabalala. Despite significant diplomatic support, notably for Hott, the momentum in favour of Sidi Ould Tah has prevailed in the last few rounds.
Former minister and general manager of the Arab Bank for Economic Development in Africa (BADEA), Sidi Ould Tah is recognized for his experience and strategic vision. He will officially take office on 1 September 2025.
Photo credit: Forbes Africa
BANK
SENEGAL – 511.3 billion CFA francs in savings and 677 billion CFA francs in loans granted in 2022 in microfinance

The Senegalese Minister of Microfinance and Social and Solidarity Economy chaired, this Thursday, July 27, 2023, the 27th meeting of the National Committee for the Coordination of Microfinance Activities. Victorine Ndeye reported that microfinance affects 22% of the population with 511, 3 billion CFA francs in savings and 677, billion CFA francs in loans granted in 2022.
The 27th edition of the National Coordination Committee for Microfinance Activities was held on Friday.
According to the Minister of Microfinance and Social and Solidarity Economy, Victorine Ndeye, microfinance plays a crucial role in financial inclusion by providing accessible financial services to low-income populations and small entrepreneurs. It is a powerful tool to reduce poverty, create jobs, support local entrepreneurship and promote the economic empowerment of women and youth,” she says. “In 2022, microfinance expanded with a total of 296 institutions with 995 points of service across the country. Today 4,034,538 accounts remain active and Microfinance reaches 22% of the population, with 511.3 billion in savings and 617.3 billion in loans granted”. The minister indicates that his department is aware that we must reinvent to meet the new requirements and needs of a more vulnerable population in times of major crises that our country is going through in the face of exogenous shocks related to the Covid pandemic 19 and the Ukrainian crisis. “We intend to strengthen the synergy of microfinance actors, the government, technical and financial partners and microfinance institutions to meet the challenges we face. We must continue to promote financial stability, inclusion and transparency in the sector, but we must also address universal access to financial services through a better perception of the sector,’ she said. In his view, this requires a target-based approach, better risk management and strong governance. We also need to encourage innovation in the microfinance sector. Emerging financial technologies, such as mobile banking, innovative financing and our proven savings and credit models, offer real opportunities to expand access to financial services,’ she says. It is their responsibility to ensure that these innovations benefit everyone, including the most vulnerable and the most remote. ‘ We will continue to work towards a favourable regulatory environment that encourages investment, diversification of offerings and the expansion of microfinance institutions,’ she says.
BANK
WAEMU AREA – Growth of 5.4% of Gdp over one year

Economic activity in WAEMU remained buoyant in the first quarter of 2023, with a 5.4% increase in GDP over one year, after 5.3% in the previous quarter.
According to the information provided by BCEAO, the business climate indicator, which synthesizes the views of business leaders, remained above its long-term trend at 101.1 percentage points. This development reflects the continuing confidence of business managers in the favourable economic outlook. The growth gain, which is an indication of the minimum level of growth that would be achieved by the end of the year, is estimated at 3.4% in the first quarter of 2023,” the BCEAO informs.
The growth of Gdp in volume terms in the Union is the result of the continued good orientation of economic activity, particularly in the secondary and tertiary sectors. The contribution of the secondary sector increased from 0.6 percentage points (pdp) in Q4 2022 to 0.7 PDP in the quarter under review.
The contribution to growth in the tertiary sector was 3.4 pdp in the first quarter of 2023 compared to 3.3 pdp in the previous quarter. In contrast, the primary sector contribution edged down to 1.3 PDP in Q1 2023 from 1.4 PDP in Q4 2022.
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