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Caisse des dépôts et de consignations de Côte d'Ivoire: A favourable reception from the financial ecosystem

24/03/2020
Source : Fraternite Matin
Categories: General Information

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Valentin Mbougueng "I am impressed by the speed with which the Caisse de dépôts and
consignations de Côte d'Ivoire (CDC-CI) is constituted". The Director General of the Caisse de dépôts de
France didn't think it was saying so well: in the space of a year of operationality, the CDC-CI has indeed managed to
to do a remarkable job, by obtaining, among other things, the support of the various actors of the ecosystem
Ivorian financier.
The President of the Professional Association of Banks and Financial Institutions of Côte d'Ivoire
(APBEF-CI), Mr. Daouda Coulibaly, Director General of the Regional Stock Exchange
(Brvm), Mr. Edoh Kossi Amenounvé, director general of the National Social Security Fund, M.
Denis Charles Kouassi, Director General of the General Pension Fund for State Employees (CGRAE),
Mr. Abdrahmane Berté, the representative of the African Development Bank (AfDB), Mr. Emmanuel
Diarra, Head of Capital Markets Development Division, joined the heads of the b deposits from Côte d'Ivoire and France, to reflect their willingness to work in partnership so that the new
financial actor that is the caisse de dépôts et consignations de Côte d'Ivoire, succeeds in its missions.
As if to put his money where his mouth is, the Director General of the Social Security Institution Cgrae, M.
Berté announced the effective participation of the CGRAE in the bailout of the CDC-CI, after recalling the
Agreement concluded on 7 January providing a framework for cooperation with cdc-CI and specifying the framework
operational of this partnership. Which concerns the nature of the funds that the IPS-CGRAE can entrust to the
CDC-CI as well as on the conclusion of mandates specific to each operation. For the CGRAE, it is for the CGRAE,
Mr. Berté, to "support public investment while strengthening the financing capacities of br long-term social benefits".
Head of Capital Markets Development Division at the African Development Bank
(AfDB), Emmanuel Diarra, says that capacity building of Caisse des Dépôts and
Côte d'Ivoire Consignment (Cdc-CI) is important for improving governance, especially more so
that their role of fundraising and reinvestment involves the issue of risk. He was working on the
problematic of the role of the Caisse de dépôts in the economic development of the country, Wednesday 4
March at Abidjan.
The Director General of the Stock Exchange, Mr. Edoh Kossi Amenouve first explained some of the performances of the
Caisses de dépôts citing the example of the Caisse des dépôts de France group, which invested 148 billion b dollars on the market, as well as the Caisse des dépôts du Québec, which made an investment of 340 billion
of dollars (1 dollar = about 600 FCFA). Before proposing three possible areas of collaboration with the
Cdc-CI whose advent he welcomed: investments on the market; be a reference transmitter on the
market; help the caisse become a leading investor.

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