Research
Research & Analysis
Macro trends, sectors, public finance and PPPs, geo-economics: our reading of the Ivorian and WAEMU economies, for business leaders, investors and public decision-makers.

Capital markets · October 2026
The 20-year bond: the regional market lengthens its horizon
The first 20-year OAT on the UMOA-Titres market, cleared at 7.00%: what this new reference changes for long-term FCFA financing, and its limits.
Read · 6 min →
The Journal · October 2026
Financing your company with the BOAD: what the file must demonstrate
Direct loans, bank refinancing, equity, guarantees: the entry points and the requirements to meet before the first meeting.
Read · 4 min →
Public finance & PPP · October 2026
After the IMF: Côte d'Ivoire faces the market
Low-risk reclassification, a 2027 budget of 18,466 billion FCFA, a national plan over 70% reliant on the private sector: what changes for the State, banks and companies.
Read · 7 min →
Financing & steering · October 2026
2027 budgets: build on two cost scenarios
Oil, fertiliser, transport: 2025 cost assumptions no longer hold. Why Ivorian companies should build their 2027 budget on two scenarios and size their working capital on the less favourable one.
Read · 5 min →
Sectors · Agribusiness · October 2026
Cocoa 2026-2027: realigning crop financing
A farm-gate price of 1,200 FCFA/kg against 2,800 FCFA at the start of the previous season: what the fall changes for the financing of buyers, cooperatives and exporters.
Read · 5 min →
The Journal · October 2026
The 13-week cash flow plan: the tool your banker expects
Why thirteen weeks, how to build it in a day, and what it changes in your relationship with your banks.
Read · 4 min →
The Journal · October 2026
Year-end 2026: three workstreams to launch before 31 December
Receivables, the 2027 bank file, indexation clauses: what to prepare now to start 2027 in good shape.
Read · 4 min →
Financing & steering · May 2026
The SME / large company rate gap: +101 basis points
SMEs in the WAEMU region borrow on average 101 basis points more expensively than large companies. What this gap reveals, and the levers to reduce it.
Read · 10 min →
Macro · April 2026
Côte d'Ivoire — Among Africa's fastest-growing economies: what it means for the mid-market
6.5% in 2025, 6.0% projected in 2026 according to the IMF. The macro carries, the micro distributes: the practical implications for leaders of SMEs and mid-sized companies.
Read · 8 min →
Financing & steering · April 2026
Financial discipline in a growth period — the working capital trap
From 6.5% to 6.0%: when the macro carries less, financial discipline weighs more. The five indicators to steer when growth slows.
Read · 7 min →Our analysis relies on public sources (IMF, BCEAO, BRVM, national statistics), cited in each publication. To receive our next publications, follow us on LinkedIn or write to us.
The Edmond'S Letter
Our analysis, twice a month.
Macro trends, sectors, public finance and PPPs, West African geo-economics. Early access to our barometers. No sales pitch. The Letter is written in French.