Tag Archive for 'BRVM'

Innovative African IPO and listing successes show strong demand

A round-up of recent African IPOs and other listings, many over-subscribed, shows demand and innovation – Namibia scored its first SPAC and Mauritius listed GDRs.

Africa IPO round-up

Roundup of some recent initial public offers (IPOs) of shares which raised capital for businesses listed on Africa’s stock exchanges.

BRVM bourse aims for specialist mining shares platform

West Africa’s Bourse Regionale des Valeurs Mobilieres (BRVM), based in Abidjan, is talking to Toronto Stock Exchange and aims to have a dedicated section for mining ready for business by 2018.

BRVM securities exchange strategy dialogue with US frontier funds

In New York 30 US frontier investors, stockbrokers and market specialists joined Edoh Kossi Amenounve, CEO of the West African regional exchange BRVM, to give their inputs to strategy development for the fast-growing stock market.

African securities exchanges returns 2015 for USD investors

USD-based investors had a hard year in Africa in 2015. Out of all the African markets which list returns in USD, only the regional market Bourse Régionale des Valeurs Mobilières SA (BRVM) had a positive return, with a 6% gain over the year to 31 Dec 2015

Cross-exchange trading between Ghana and Nigeria stock exchanges

Brokers on the Ghana and Nigerian Stock Exchanges in July achieved a first cross border securities trade under the stage “sponsored access” of West Africa’s capital markets integration first launched 2013. This opens the way for more cross-border deals.

Total Senegal offers shares in IPO until 7 Nov for BRVM listing

Oil products company Total Senegal has an initial public offer (IPO) of shares open until 7 Nov, offering 8.9% of the company in an IPO before listing the African equities on the Bourse Regionale des Valeurs Mobilieres (BRVM).

Top performances for USD investors at Africa’s stock exchanges

Malawi came out as Africa’s top-performing exchange to USD-based investors over 2013 with a strong 62.4% return. Eight out of 13 African exchanges beat the S&P 500.

ASEA Conference – top African securities exchanges event – coming Dec

The big African securities exchanges event of the year is drawing close. The 17th General Assembly and annual conference of the African Securities Exchanges Association (ASEA) will be 1-4 December in Abidjan, Cote d’Ivoire

West African stock markets talking integration – will they walk the talk?

West African stock exchange leaders are again talking about integrating the markets. The exchanges in Ghana, Nigeria, Sierra Leone and Cote d’Ivoire have said they will seek to integrate by 2014.