The Bceao has analyzed the flow of foreign direct investment (FDI) in WAEMU for the year 2020. Thus, its report on the balance of payments and the regional global external position notes that FDI recorded a decline of 13.0% recorded in 2020 to stand at 2069.0 billion.

The Bceao reports that net FDI flows fell by 13.0% to 2069.0 billion in 2020, linked to the slowdown in major works launched in the mining and oil sectors due in particular to the appearance of the Covid-19 pandemic. Flows in respect of portfolio investments contracted by 96.3% to stand at 31.1 billion in 2020, in line with the drop in the level of resource mobilization by States on international financial markets, in line with the decline in Eurobond issues in 2020, compared to 2019.

This development is mainly attributable to the decline in the mobilization of resources by States on the international financial markets in 2020, with a single issue of eurobonds amounting to 353 billion by Côte d'Ivoire, against a total of 1,029 billion mobilized by Benin, Côte d'Ivoire and BOAD in 2019.