The average borrowing interest rates published by the Central Bank of West African States (BCEAO) for June 2026 depict a multi-speed zone: the difference reaches 2.26 percentage points between the most expensive and the cheapest country, with peaks at 12.50% on cash credits in Guinea-Bissau. In West Africa, the cost of credit remains one of...
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UEMOA: where (and when) is borrowing the most expensive?
Nephthali Messanh Ledy
Editor-in-chief of Financial Afrik, Nephthali Messanh Ledy has been representing the media outlet from Lomé for the past two years. In addition to African economics and finance, he is passionate about international news. He holds degrees in International Trade and in Marketing & Communication, and also has a strong interest in social media and football.
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