Burkina Faso: a resilient and dynamic economy

Despite the difficult security environment, Burkina Faso experienced sustained economic growth between 2016 and 2019 with an estimated average growth rate of 6.1%. With the advent of COVID-19, the economy of Burkina Faso has been resilient and dynami...

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Senegal, a model of democracy and emergence in Africa

As the second largest economy in terms of GDP in the WAEMU area, Senegal remains a model of democracy and economic emergence in Africa. The Senegalese economy has experienced remarkable growth in recent years thanks to the implementation of the PSE, ...

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Benin: sustained economic growth with moderate inflation

Benin has one of the strongest economic growth rates in the WAEMU area with an estimated growth rate of +7.2 % in 2021, an increase of +3.4 percentage points compared to 2020. Despite the exogenous shocks linked to COVID-19 affecting some key sectors...

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Togo, growth driven by the implementation of projects included in the government’s roadmap

After a slowdown in 2020 due to COVID-19, the Togolese economy grew by 5.5 percent in 2021. The recovery of economic activity in Togo should be consolidated in the medium term with a real growth rate of Gross Domestic Product (GDP) that should reach ...

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Côte d’Ivoire: A dynamic and resilient economy

The WAEMU’s largest economy by the size of its gross domestic product (GDP), Côte d’Ivoire remains one of the most dynamic economies in sub-Saharan Africa with growth estimated at 7.4% in 2021. Despite an unfavorable economic situation in...

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Guinea-Bissau, an economic dynamic recovered after the Covid-19 pandemic

Guinea-Bissau has recovered its pre-COVID-19 economic momentum with real GDP growth estimated at 6.4% in 2021 after 1.5% a year earlier. The political stability observed and the willingness of the authorities to put good governance and the restoratio...

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Niger: A resilient economy with an encouraging outlook

As one of the world’s Top 5 uranium-producing countries, Niger is giving itself the means to become one of the most business-friendly countries in the West African sub-region. The World Bank’s Doing Business 2020 report notes that the country h...

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Recent economic situation and medium-term outlook: WAEMU economies are back to their pre-COVID-19 performance

Growth in the WAEMU zone is estimated at 6.0% in 2021 against 1.8% and 5.8% respectively in 2020 and 2019, while all the economies of sub-Saharan Africa grew by an average of 4.5 % in 2021 after a recession a year earlier. WAEMU remains one of the mo...

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Senegal, emergence on the horizon

Considered one of the most stable democracies in Africa, Senegal is also a successful economy that has maintained strong growth over the past eight years. This growth is the result of a certain political stability and a favorable business climate. De...

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NIGER: ECONOMIC GROWTH DRIVEN BY THE PRIMARY SECTOR

Niger, the world’s fourth largest uranium producer, was ranked 131 st out of 190 countries in the World Bank's Doing Business 2020 report, a qualitative leap of eleven (11) places compared to the previous year’s report. The reform...

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