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Finance

BRVM, “most innovative stock market” in Africa

Wednesday, 21 September 2016 05:02

(Ecofin Agency) - WAEMU’s stock market, the Bourse Régionale des Valeurs Mobilières (BRVM) is the “most innovative stock exchange” of Africa. The institution received the title at the ninth edition of the Investment Forum recently held in New-York.

The stock thus beat its nine rivals which are Johannesburg’s, Egypt’s, Nigeria’s, Kenya’s, Ghana’s, Mauritius’, Namibia’s, Botswana’s and Tanzania’s.

The award is proof that international investors recognize the stock and of its good performances over the past four years.

BRVM’s chief executive director, Dr. Edoh Kossi Félix Aménounvé, dedicated the award to the WAEMU’s top officials, listed firms, market actors, and to both regional and international investors for their trust.

About BRVM

The Bourse Régionale des Valeurs Mobilières (BRVM) is a perfectly integrated e-stock market common to West Africa’s eight nations namely Benin, Cote d’Ivoire, Guinea Bissau, Mali, Niger, Senegal and Togo. Besides securities, the BVRM issues and negotiate bonds. It also provides investors a world-class exchange environment with the most state-of-the-art systems for listing and settling transactions. The BRVM is part of the African Securities Exchanges Association (ASEA). It is now ranked as a border market.

 Alain Okpeitcha





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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