BCEAO releases $ 6 billion for West African economies

The BCEAO has just made a liquidity injection of 3350 billion FCFA ($ 6 billion) at a fixed rate of 2% in favor of several banks of the UMOA. A total of 87 financial institutions participated in the operation. The Central Bank of West African States (BCEAO) made a further injection of liquidity to its member countries last week. In total, 3350 billion FCFA ($ 6 billion) were disbursed by the institution.

During the auction on September 14, 87 banks in the sub-region obtained an injection of liquidity at a fixed rate of 2%. With more than 1000 billion FCFA ($ 1.8 billion), it is the Ivory Coast which obtained the most important financing, ie 31% of the funds injected.

It is followed by Senegal with more than 580 billion FCFA ($ 1 billion), Mali with 466 billion FCFA (835 million $), Benin with 434.5 billion FCFA (777 million $) and Burkina Faso with 318 billion FCFA. ($ 569 million). Niger with 241.6 billion FCFA ($ 432 million), Togo with 219 billion FCFA (…

Coronavirus: "no shortage" of food products and no rationing planned in France

The Minister of Economy assured this Sunday, March 15 that the "security of supply of food products" would be "guaranteed in the days and weeks to come". There is "no shortage in France". This was assured by Bruno Le Maire this Sunday, March 15. The Minister of Economy explains that the "security of food supply" will be "guaranteed in the days and weeks to come" despite the epidemic of coronavirus. Reassuring statements made at the end of a conference call with distribution and agrifood players.

Coronavirus: "no shortage" of food products and no rationing planned in France

Assuring that there was for the moment "no shortage" in France, he assured that there would be "no rationing" and that "90 to 95% of the references (would be) present" in the rays. The minister incited the French to responsibility. "We are counting on the responsible behavior of the French (...) so as not to rush onto the shelves and buy more than necessary," said Bruno Le Maire.

As a reminder since the announcements of Emmanuel Macron of incitement to telework and school closings, consumers are flocking en masse to the supermarket shelves which are emptying visibly. For fear of lack, the French make stocks. Images of empty pasta shelves and toilet paper have multiplied on social networks.

HS distributor sites due to the influx of orders
This fear of running out of food is not limited to supermarket shelves. To avoid having contacts, many consumers rely on online shopping. An influx of orders such as many retail chain sites planted these Thursday and Friday.