{ "jurisdiction_id": "CI", "jurisdiction": "Ivory Coast (UEMOA bloc)", "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/", "generator": "render_jid v13.3.0", "date_modified": "2026-08-11", "schema_version": "world-payments-v1", "counts": { "modules": 14, "sourced_findings": 59, "source_register": 101 }, "modules": [ { "code": "W1a", "name": "Licensing, Authorisation & Market Access", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w1a-licensing-authorisation-market-access", "standing_position": "Payment services in CI are governed at the WAEMU/BCEAO level; BCEAO licenses 9 payment establishments and multiple e-money establishments in CI as of the January 2026 register, with ARCEP regulating the telecoms layer underpinning mobile payments.", "findings": [ { "finding": null, "instrument_type": "Instruction (regional)", "source": "https://www.avocatshouda.com/en/uemoa-instruction-n001-01-2024-on-payment-services-in-umoa-member-states-comesinto-force/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Instruction (regional)", "source": "https://www.avocatshouda.com/en/uemoa-instruction-n001-01-2024-on-payment-services-in-umoa-member-states-comesinto-force/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Instruction (regional)", "source": "https://www.bceao.int/fr/publications/demande-dagrement-ou-dautorisation-en-qualite-detablissement-emetteur-de-monnaie", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "capital threshold", "source": "https://documents1.worldbank.org/curated/en/903901513579161990/pdf/122088-WP-PUBLIC-Regulatory-Framework-for-DFS-in-Cote-d-Ivoire-Nov-2017.pdf", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "capital threshold", "source": "https://digitalfrontiersinstitute.org/reglementation-des-fintechs-dans-luemoa-entre-rigueur-necessaire-et-accompagnement-attendu/", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W1b", "name": "Conduct, Safeguarding & Financial Promotions", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w1b-conduct-safeguarding-financial-promotions", "standing_position": "Conduct and safeguarding obligations for PIs/EMIs are set at the UEMOA level. Payment institutions must join the regional Professional Association of Payment and Electronic Money Institutions within one month of approval; e-money float must be segregated and may only be placed in restricted permitted instruments (it cannot finance the issuer's operations). Conduct rules require compliance with AML/CFT, external financial relations, consumer protection and data protection law. Financial consumer protection is a BCEAO competence, supplemented by Côte d'Ivoire's general consumer-protection and data laws and a planned national Observatoire with a complaints channel.", "findings": [ { "finding": null, "instrument_type": "conduct obligation", "source": "https://www.avocatshouda.com/en/uemoa-instruction-n001-01-2024-on-payment-services-in-umoa-member-states-comesinto-force/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "safeguarding mechanism", "source": "https://documents1.worldbank.org/curated/en/903901513579161990/pdf/122088-WP-PUBLIC-Regulatory-Framework-for-DFS-in-Cote-d-Ivoire-Nov-2017.pdf", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "consumer-protection competence", "source": "https://documents1.worldbank.org/curated/en/903901513579161990/pdf/122088-WP-PUBLIC-Regulatory-Framework-for-DFS-in-Cote-d-Ivoire-Nov-2017.pdf", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "conduct obligation", "source": "https://www.socialnetlink.org/2025/09/05/bceao-licences-fintech-uemoa-cote-divoire/", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W2", "name": "Stablecoins & Digital Money", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w2-stablecoins-digital-money", "standing_position": "There is no MiCA-equivalent stablecoin framework in UEMOA. Digital money in Côte d'Ivoire is governed by the regulated e-money (monnaie électronique) regime under Instruction n°008-05-2015, dominated by mobile money. On crypto-assets/stablecoins specifically, the BCEAO has no enacted authorisation regime; its public engagement (a May 2026 international conference on crypto-assets) is research/monitoring-stage. Separately, the BCEAO is developing a central bank digital currency, the E-CFA, which remains in finalisation rather than live issuance.", "findings": [ { "finding": null, "instrument_type": "Instruction (regional)", "source": "https://www.bceao.int/fr/reglementations/instruction-ndeg008-05-2015-regissant-les-conditions-et-modalites-dexercice-des", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "CBDC (in development)", "source": "https://www.economie-ivoirienne.ci/en/actualites/uemoa-bceao-undertaking-major-digital-transformation-regional-financial-landscape.html", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "policy engagement (no enacted regime)", "source": "https://www.bceao.int/en/evenement/conference-internationale-sur-les-crypto-actifs-et-innovations-numeriques", "source_url": null, "source_tier": "1", "retrieved_at": null } ] }, { "code": "W3", "name": "Operational Resilience & Critical Infrastructure", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w3-operational-resilience-critical-infrastructure", "standing_position": "There is no DORA-equivalent consolidated operational-resilience instrument in UEMOA. Operational resilience is embedded in BCEAO payment-system oversight (STAR-UEMOA/SICA-UEMOA risk management) and Banking Commission supervision of governance and information systems, with information-system security a named licensing requirement for fintechs. At national level, Côte d'Ivoire's National Cybersecurity Strategy 2021-2025 and a National Cybersecurity Agency (established 2024) provide sector CERTs for banking and a national SOC. Banking Commission sanctions have repeatedly cited information-system and governance weaknesses, evidencing supervised resilience expectations.", "findings": [ { "finding": null, "instrument_type": "system risk-management framework", "source": "https://www.bceao.int/en/content/star-uemoa", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "national cybersecurity strategy", "source": "https://www.trade.gov/country-commercial-guides/cote-divoire-digital-economy", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "supervisory enforcement", "source": "https://www.cb-umoa.org/en/registry-decisions", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "licensing requirement", "source": "https://digitalfrontiersinstitute.org/reglementation-des-fintechs-dans-luemoa-entre-rigueur-necessaire-et-accompagnement-attendu/", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W4", "name": "Scheme & Network Compliance", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w4-scheme-network-compliance", "standing_position": "Card and interbank scheme compliance in Côte d'Ivoire runs through the regional interbank scheme GIM-UEMOA (established 2003 by the BCEAO and banks), which provides the regional card application/specifications, interbank switching, clearing and certification, alongside international schemes Visa and Mastercard. GIM-UEMOA brings together 130+ (latterly 145) members and is migrating toward ISO 20022 via nexo standards. Online card payments use 3D Secure authentication. The card layer coexists with mobile-money interoperability and the regional instant-payment platform.", "findings": [ { "finding": null, "instrument_type": "regional card scheme", "source": "https://www.financialafrik.com/en/event-organizer/gim-uemoa/", "source_url": null, "source_tier": "2", "retrieved_at": null }, { "finding": null, "instrument_type": "technical standard adoption", "source": "https://www.nexo-standards.org/news/gim-uemoa-joins-nexo-standards-simplify-cross-border-payments-across-west-africa", "source_url": null, "source_tier": "2", "retrieved_at": null }, { "finding": null, "instrument_type": "scheme acceptance / 3DS", "source": "https://payatlas.com/countries/cote-divoire-ci", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "scheme product", "source": "https://www.mfw4a.org/news/west-africa-dakar-hosts-gim-uemoas-regional-electronic-banking-forum", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W5", "name": "Payment Corridor Dynamics", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w5-payment-corridor-dynamics", "standing_position": "Côte d'Ivoire's domestic and intra-UEMOA corridors clear through SICA-UEMOA (retail, <50m FCFA) and STAR-UEMOA (RTGS) in CFA francs, with the new regional instant-payment platform PI-SPI (launched 30 Sept 2025) enabling real-time 24/7 transfers across banks, EMIs, PIs and microfinance. Cross-border/international corridors route via correspondent banks in Europe (the CFA is euro-pegged with French Treasury convertibility guarantee); UEMOA is building connectivity to the Pan-African Payment and Settlement System (PAPSS) and a BCEAO–CEMAC interoperability initiative to ease cross-bloc CFA flows. FX is controlled: external settlements must use the BCEAO or licensed intermediaries.", "findings": [ { "finding": null, "instrument_type": "clearing system", "source": "https://www.bceao.int/en/content/sica-uemoa", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "instant payment rail", "source": "https://www.economie-ivoirienne.ci/en/actualites/uemoa-bceao-undertaking-major-digital-transformation-regional-financial-landscape.html", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "FX/external settlement regulation", "source": "https://www.umoatitres.org/wp-content/uploads/2019/02/Regulation-N%C2%B009-20108_english.pdf", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "cross-bloc corridor initiative", "source": "https://www.mexc.com/news/434904", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W6", "name": "Industry Structure & Commercial Dynamics", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w6-industry-structure-commercial-dynamics", "standing_position": "Côte d'Ivoire is West Africa's francophone financial hub. The payments market is mobile-money-led (Orange Money, MTN Mobile Money, Moov Money, plus Wave) with banks acting as acquirers and increasingly partnering with fintechs. The banking sector includes six regional cross-border groups (several headquartered in Abidjan — ABI, BOA West Africa, Attijari West Africa, Manzi Finances). A wave of homegrown fintechs (Djamo, Julaya, CinetPay, HUB2, Bizao) is emerging, supported by local institutional capital (CDC-CI Capital). The 2024 licensing reform is consolidating a previously fragmented, telco-dominated sector toward licensed, professionalised PSPs.", "findings": [ { "finding": null, "instrument_type": "market structure", "source": "https://payatlas.com/countries/cote-divoire-ci", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "banking concentration", "source": "https://documents1.worldbank.org/curated/en/099050523150039796/pdf/P17314307fae8b0aa0a14c0777b51c7c2a3.pdf", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "fintech ecosystem", "source": "https://yogupay.com/fintech-boom-in-francophone-westafrica/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "investment activity", "source": "https://www.mexc.co/en-IN/news/475762", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W7", "name": "Legal & Litigation", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w7-legal-litigation", "standing_position": "Payments enforcement in Côte d'Ivoire is administered through the WAMU Banking Commission (CB-UMOA), which conducts inspections and imposes disciplinary sanctions, financial penalties and licence revocations on supervised institutions. Recent registry decisions include the withdrawal of an Ivorian EMI's authorisation (Africa Digital Finance, Sept 2024) and a reprimand against an Ivorian bank (March 2025). Financial penalties follow Instruction n°006-05-2018. The broader 2024-25 licensing enforcement caused widespread service disruptions for unlicensed fintechs across the union, including in Côte d'Ivoire.", "findings": [ { "finding": null, "instrument_type": "disciplinary sanction", "source": "https://www.cb-umoa.org/en/registry-decisions", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "financial penalty", "source": "https://www.cb-umoa.org/en/registry-decisions", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "enforcement authority", "source": "https://www.trade.gov/country-commercial-guides/cote-divoire-digital-economy", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "enforcement action / disruption", "source": "https://launchbaseafrica.com/2025/05/16/cameroons-fintech-ultimatum-three-months-to-license-or-cease-operations/", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W8", "name": "Merchant Acquiring & Risk", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w8-merchant-acquiring-risk", "standing_position": "Merchant acquiring in Côte d'Ivoire is bank-led for cards (Visa/Mastercard via GIM-UEMOA switching) but practically dominated by mobile-money merchant acceptance (QR and USSD). Opening a merchant ID requires BCEAO-aligned compliance: local entity registration, business registration, tax compliance and KYC, with physical document verification extending onboarding. Acquirers/PSPs generate EMVCo merchant-presented QR codes (Mastercard Masterpass QR / Visa mVisa available in the region); card-not-present transactions use 3DS. Card chargeback/dispute mechanics follow international scheme rules.", "findings": [ { "finding": null, "instrument_type": "merchant onboarding", "source": "https://payatlas.com/countries/cote-divoire-ci", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "acquiring channels", "source": "https://payatlas.com/countries/cote-divoire-ci", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "QR acceptance / dispute treatment", "source": "https://infinicept.com/payment-facilitator/learn/get-started/merchant-presented-qr-codes-explained/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "merchant market sizing", "source": "https://www.trade.gov/country-commercial-guides/cote-divoire-digital-economy", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W9", "name": "Product Innovation & Market Development", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w9-product-innovation-market-development", "standing_position": "Côte d'Ivoire and UEMOA are in an active modernisation cycle: the regional instant-payment platform PI-SPI launched 30 Sept 2025 (connection deadlines extended to Sept 2026 for banks/EMIs/PIs and June 2027 for microfinance), the BCEAO authorised mobile-money interoperability (2022), and the new Uniform Banking Law empowers a BCEAO financial-innovation laboratory/sandbox (regulatory framework yet to be defined). The E-CFA CBDC is in development. Fintech product build-out includes the first BCEAO microfinance licence to a fintech (Djamo, Sept 2025) and open-banking work (GIMpay).", "findings": [ { "finding": null, "instrument_type": "instant payment platform", "source": "https://www.togofirst.com/en/banking/2506-19356-bceao-extends-deadline-for-connecting-to-uemoa-instant-payment-platform", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "regulatory sandbox (in development)", "source": "https://www.ensafrica.com/news/detail/9068/new-uniform-law-on-banking-adopted-within-the", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "interoperability framework", "source": "https://sbs-software.com/insights/market-trends/cote-divoire-banking-sector/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "new product / licence", "source": "https://www.ecofinagency.com/finance/1209-48632-ivorian-fintech-djamo-breaks-new-ground-with-bceao-microfinance-approval", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "open banking", "source": "https://luxhub.com/gim-uemoa-partners-with-luxhub/", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W10", "name": "Consumer Protection & APP Fraud", "confidence": "Assessed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w10-consumer-protection-app-fraud", "standing_position": "Financial consumer protection is a BCEAO competence applied across banks, MFIs and e-money issuers, supplemented by Côte d'Ivoire's general consumer-protection, telecom and data-protection law. Instruction n°04/06/2014 mandates a list of free banking services. Côte d'Ivoire is establishing a national Observatoire with a consumer-complaint channel (World Bank-assisted). There is no UK-style mandatory APP-fraud reimbursement regime; fraud mitigation relies on KYC, 3DS authentication and BCEAO/Banking-Commission supervision, with customer-protection failings explicitly cited in EMI sanctions. Data protection is overseen by the national authority (ARTCI/ARDP).", "findings": [ { "finding": null, "instrument_type": "consumer-protection framework", "source": "https://documents1.worldbank.org/curated/en/903901513579161990/pdf/122088-WP-PUBLIC-Regulatory-Framework-for-DFS-in-Cote-d-Ivoire-Nov-2017.pdf", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "disclosure obligation", "source": "https://documents1.worldbank.org/curated/en/903901513579161990/pdf/122088-WP-PUBLIC-Regulatory-Framework-for-DFS-in-Cote-d-Ivoire-Nov-2017.pdf", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "supervisory enforcement", "source": "https://www.cb-umoa.org/en/registry-decisions", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "fraud control", "source": "https://payatlas.com/countries/cote-divoire-ci", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W11", "name": "AML/CFT & Financial Crime", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w11-aml-cft-financial-crime", "standing_position": "Sentinel-fed: CI grey-listed Oct 2024; FATF June 2026 Plenary found CI substantially completed its action plan, warranting an on-site assessment. Regime rests on UEMOA Uniform AML/CFT Law and 2023 AML/CFT/PF Order, supervised by CB-UMOA and FIU CENTIF-CI.", "findings": [ { "finding": null, "instrument_type": "sentinel.institutional_framework", "source": "https://www.fatf-gafi.org/content/dam/fatf-gafi/fsrb-mer/Cote-d-Ivoire-MER-Giaba-2023.pdf.coredownload.inline.pdf", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": "AML/CFT/CPF is governed by Ordonnance 2023-875 (AML/CFT/PF Order), transposing the 2023 UEMOA uniform AML/CFT law and replacing Law 2016-992. CENTIF is the FIU; HABG (anti-corruption) and the Agence de gestion et de recouvrement des avoirs criminels (asset recovery) complete the institutional architecture, all nested within the eight-state UEMOA/BCEAO monetary union. Following its 2023 GIABA Mutual Evaluation, Côte d'Ivoire entered FATF increased monitoring in October 2024 and has since completed two Enhanced Follow-Up Reports upgrading technical compliance.", "instrument_type": "assessment", "source": "FIM (sentinel.gi) per-JID baseline profile — Côte d'Ivoire", "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": "Gap: sourcing-thinness", "instrument_type": "gap", "source": "FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-003)", "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": "Sanctions: OFSI listing", "instrument_type": "sanctions_change", "source": "FIM (sentinel.gi) sanctions_change_register (issue FIM-BASE-SANC-002)", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": "Gap: enforcement-absence", "instrument_type": "gap", "source": "FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-001)", "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": "Gap: capacity-deficit", "instrument_type": "gap", "source": "FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-004)", "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "W12", "name": "Correspondent Banking, Settlement & Access", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w12-correspondent-banking-settlement-access", "standing_position": "Settlement access for Ivorian institutions runs through the BCEAO's STAR-UEMOA RTGS and SICA-UEMOA clearing, with eligible participants holding settlement accounts at the BCEAO; eligible STAR participants include banks, the BRVM settlement bank, GIM-UEMOA and the West African Development Bank (BOAD). International correspondent banking routes predominantly through European clearing centres (chiefly France), reflecting the CFA's euro peg and French Treasury convertibility guarantee; direct nostro/vostro relationships with regional banks outside Europe are rare, producing multi-hop routing and de-risking/compliance friction. UEMOA holds international operating accounts including one at the US Federal Reserve. Grey-listing adds heightened due diligence on Ivorian-linked flows.", "findings": [ { "finding": null, "instrument_type": "settlement access criteria", "source": "https://www.bceao.int/en/content/star-uemoa", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "correspondent routing", "source": "https://www.xtransfer.com/knowledge-hub/69e087f4ec0695265b6d239d", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "external account access", "source": "https://en.wikipedia.org/wiki/West_African_Economic_and_Monetary_Union", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "external transfer controls", "source": "https://kouamoucapital.com/waemu-foreign-direct-investment-regulations/", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W13", "name": "Commercial Intelligence & Fintech", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/ivory-coast-uemoa-bloc/#w13-commercial-intelligence-fintech", "standing_position": "Trailing-12-month CI payments commercial activity is investment- and licence-driven: Djamo $17m Series B (largest Ivorian raise) + first fintech microfinance licence; repeat CDC-CI Capital strategic investments into Djamo and Julaya; 23 deals / $28m in 2025.", "findings": [ { "finding": null, "instrument_type": "commercial_event", "source": "https://launchbaseafrica.com/2025/10/20/cdc-ci-capital-doubles-down-on-ivorian-tech-with-1-4m-investment-in-julaya/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "commercial_event", "source": "https://www.ecofinagency.com/finance/1209-48632-ivorian-fintech-djamo-breaks-new-ground-with-bceao-microfinance-approval", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "commercial_event", "source": "https://launchbaseafrica.com/2025/02/20/ivorian-fintech-startup-djamo-lands-funding-from-state-owned-investment-fund-post-series-b/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "commercial_event", "source": "https://www.mexc.co/en-IN/news/475762", "source_url": null, "source_tier": "3", "retrieved_at": null } ] } ] }