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 (…

This summer "is really an opportunity to rethink what makes vacation", says a specialist in consumer behavior

This summer "is really an opportunity to rethink what makes vacation," said Saturday May 16 on Franceinfo Dominique Kreziak, teacher-researcher in marketing at Savoie-Mont-Blanc University. This specialist in consumer behavior in tourism and the environment believes that with the constraints linked to the coronavirus epidemic, the French will opt this summer for "destinations a little less crowded (…) we will look maybe to be his territory with another eye. " She also anticipates family reunification, after months of separation linked to confinement, "something a little more tribal with each other".
This summer "is really an opportunity to rethink what makes vacation", says a specialist in consumer behavior

Dominique Kreziak: In the end, there may not be that many changes. It seems like everyone is going abroad, but I believe that 70% of French people, roughly, take their holidays in France. So those may not be a lot of changes. On the other hand, we can expect a desire to compensate for what we did not have, perhaps a return to nature, perhaps changes in terms of accommodation, that is to say go see the family who is far away, the friends who we have not been able to see during these two months. So, we can imagine that it can change the ways of moving and staying for this vacation. It's really an opportunity to rethink what makes vacation. It may be an opportunity for slightly less frequented destinations to have more visitors. Coming to the mountains is a really good idea. There are not many people, it will be cool and it can really be a very relevant place to spend a vacation on a health level, on a nature level, we will have everything we need. But there are obviously other places.

Usually, the holidays are the opportunity to meet up with four with your home, your children. There, maybe we can expect something a little more tribal for the holidays. There will be more of us, we go to each other, we invite each other. This is precisely what we missed.
Dominique Kreziak, teacher-researcher

Perhaps we should expect more improvisation, reservations and last minute tickets to adapt to health constraints?

In the holidays, there is the idea of ​​leaving, people are quite clear on this. But where are we going? It is still very uncertain because we learn from day to day what will be possible. Last week, we thought maybe it would be just 100 km. Now, we know that we will be able to go to France, so there is probably still quite a wait, if only in terms of reservations to choose. And at the same time, there is a trade-off to be made, perhaps at the moment, it is still not too expensive. When we know more, prices may start to go up.

Is reinventing the holidays temporary or do you think it can be done in a sustainable way?

I hope it will be sustainable because that is what tourism should be headed for. The idea is not necessarily that no one takes a plane anymore or that we never go far away, but to go there probably less often by staying longer. Book perhaps every two or three years a long trip where you stay four weeks really far away. And then, the rest of the time, we will leave closer and we will perhaps look at its territory from a different perspective. But that also means that the offer must adapt, and not always just imagine that we can attract very distant clienteles, but also do for people who are not far, who are nearby and who may be able discover things they don't know at all, not far from home.