Africa Connected with Standard Bank

'Traffic in Abidjan is orderly. People are calm; nobody is screaming'

Renowned broadcaster Lee Kasumba is crisscrossing Africa to explore the Continent’s many opportunities and endless growth potential.

Click here to follow her journey, and for trusted insights into Africa’s markets, infrastructure, business environment, prospects and people.

The Money Show’s Bruce Whitfield interviewed Kasumba, who is in Côte d'Ivoire.

She spoke about the estimated size of the middleclass in Côte d'Ivoire, compared to other African countries.

Kasumba also spoke about the West African Economic and Monetary Union (WAEMU) – what it is, how it works, its importance in terms of providing stability in the region and Côte d'Ivoire's role in WAEMU.

Finally, she explained who the key investors are in Côte d’Ivoire banking sector.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

Traffic is really orderly… nobody is screaming at each other, people are calm… it’s great.

Lee Kasumba

I thought there wouldn’t be a middleclass… But 23% of people in Côte d'Ivoire are middleclass… There are malls booming literally everywhere in Abidjan…

Lee Kasumba

Côte d'Ivoire is responsible for 40% of the money going into the WAEMU… It is the shining light in this region.

Lee Kasumba

The last [growth] figure came in at 7.5%.

Lee Kasumba

Turkey, Tunisia and Morocco [are the biggest investors in the banking sector].

Lee Kasumba

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : 'Traffic in Abidjan is orderly. People are calm; nobody is screaming'


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Perking up coffee culture in Abidjan

Perking up coffee culture in Abidjan

Nestled in the bustling Abidjan, Couleur Café is a temple situated in the heart of the Deux-Plateaux district and, is home to young hipsters and coffee connoisseurs from all over the world.

A birds-eye view on Ivorian agriculture, thanks to drones

A birds-eye view on Ivorian agriculture, thanks to drones

Lee hears how farmers are increasingly keeping an eye on their faraway lands using remote technology.

It’s easy for South Africans to do business in Côte d'Ivoire

It’s easy for South Africans to do business in Côte d'Ivoire

Bruce Whitfield interviews Lee Kasumba, who speaks about two South African guys selling deep fried chicken in Abidjan.

Borderless cuisine with a touch of Ivorian hospitality

Borderless cuisine with a touch of Ivorian hospitality

A culinary force to be reckoned with - Christelle Vougo is cooking up a storm of change in Abidjan.

#AfricaConnected: Ivorians don't believe in credit and VAT is between 18 and 20%

#AfricaConnected: Ivorians don't believe in credit and VAT is between 18 and 20%

According to renowned broadcaster Lee Kasumba, Côte D'Ivoire fares very well in its electricity supply when compared to Nigeria.

It’s ironic, but nobody really drinks coffee in Côte d'Ivoire

It’s ironic, but nobody really drinks coffee in Côte d'Ivoire

Bruce Whitfield interviews Africa Connected host Lee Kasumba, who is crisscrossing Côte d'Ivoire to learn about its opportunities.

Popular articles
'He raped me every day for a year when I was 8 years old'

'He raped me every day for a year when I was 8 years old'

A woman has penned her triumphant story of survival after being sexually abused by an uncle as a child.

Lost your sex drive? Sex expert reveals how you can find it!

Lost your sex drive? Sex expert reveals how you can find it!

Stress, diet and lack of exercise can all contribute to a loss of libido.

Outcry over Cape Town City FC's lease of Observatory Stadium

Outcry over Cape Town City FC's lease of Observatory Stadium

Observatory rate payers say they were never consulted about the 10 000-seater football stadium that is to be the home of City FC.

Staff at CPT hospital threaten to resign after Parly visit

Staff at CPT hospital threaten to resign after Parly visit

Khayelitsha Hospital staff claim they were ill-treated in front of patients during a visit by a Parliamentary Select Committee.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

Mugg & Bean agrees to pay medical bill of customer

Mugg & Bean agrees to pay medical bill of customer

Mugg & Bean has agreed to pay for customers medical bills after a month of being in pain and pestering the chain to pay the bill.