President Ouattara caps commodity prices and subsidizes fuel at the risk of offending liberal orthodoxy. A costly but essential strategy for the preservation of social peace. The effort is substantial. The State of Côte d’Ivoire (Ba3 by Moody’s and BB- by S&P and Fitch) has granted subsidies of around 500 billion CFA francs (USD 778…...
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Côte d’Ivoire: already 500 billion FCFA in fuel subsidies
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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