West Africa – ECOWAS
BandamaGroup’s main regional focus is The Economic Community of West African States (ECOWAS) which is a regional group of fifteen West African countries with the mission to promote economic integration across the region.
Inside ECOWAS, The West African Economic and Monetary Union (UEMOA), is an organization of eight West African states, established to promote economic integration for the countries charing the common currency FCFA (XOF). Côte d’Ivoire (Ivory Coast) is BandamaGroup’s main focus country. It is the biggest and the most structured economy of the region and accounts for 40 % of UEMOA countries money supply. Since 2011 Côte d’Ivoire has embarked on a great program of reconstruction and modernization of its infrastructure.
Central Africa is the second region we focus on, with the Democratic Republic of Congo (DRC) being our main country of business.
South-South Cooperation: Promoting African economic integration is a priority. Improving trade and investments between African states is paramount to ensure the sustainable development of the continent. Some actors have made important headways in that perspective, the Kingdom of Morocco being the most notable. Cross-continental cooperation is a great opportunity to diversify available development partners and benefit from different business models. South American economic operators have shown a rising interest in Africa and several Asian countries are actively working to develop economic ties with West African countries.
North-South Cooperation : Nordic countries – Sweden, Norway, Denmark, Finland, and Iceland. We work on developing commercial ties between West Africa and the Nordic countries. Our ambition is to enable emerging West African economies to take full advantage of innovative technologies and solutions adapted to the reality of the continent. We support Nordic clients in their endeavors in West Africa and showcase Nordic corporate and public governance standards as an inspiration for African managers. We believe Nordic countries have a naturally more decomplexed relationship with African countries, moreover the Nordic countries enjoy a good reputation as models of sustainable economic and social development.