• Burkina Faso-based SA2IF announced a new representative office in Abidjan on Sept. 23.
• The financial firm aims to strengthen ties with Ivorian and regional investors.
• Expansion leverages WAEMU’s harmonized regulatory framework for financial markets.
Société africaine d’ingénierie et d’intermédiation financières (SA2IF), a financial intermediation company based in Burkina Faso, has opened a representative office in Côte d’Ivoire. The company’s president, Constantin Dabiré, announced it on September 23 in Abidjan.
After three years of operations in Burkina Faso, SA2IF, a licensed asset management and brokerage firm, is seeking to deepen its relations with institutional and private investors in Côte d’Ivoire and across the region. The company plans to draw on its expertise in asset management, financial intermediation, and strategic advisory.
“Our goal is to build a sustainable initiative with all market stakeholders. We believe this step will foster closer collaboration and encourage the emergence of solutions tailored to our economic realities,” Dabiré said.
The move is supported by the harmonized regulatory framework of the West African Economic and Monetary Union (WAEMU). Under rules set by the WAEMU Financial Markets Authority (AMF-WAEMU), a licensed brokerage and asset management company in one member state can operate in another after securing the required authorizations.
In Côte d’Ivoire, SA2IF has set up a local team tasked with supporting investors and developing new services for the market. The new office aims to bring the firm closer to key players in the country’s financial system.
Côte d’Ivoire was chosen for its central role in West Africa’s economy. According to the IMF, GDP growth is expected between 6% and 7% in 2025. The country’s expanding private sector, reforms to improve the business climate, and status as a regional hub for financial services are major advantages.
Dabiré added that the company seeks to build lasting partnerships with local stakeholders to design investment solutions suited to regional needs. By establishing itself in Abidjan, SA2IF aims to contribute to the deepening of WAEMU’s financial market by mobilizing savings and channeling them into financing businesses and large-scale projects.
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