BRVM (Regional Securities Exchange)

Country
Western Africa (Benin, Burkina Faso, Guinea Bissau, Côte d’Ivoire (HQ), Mali, Niger, Senegal, Togo)
Number of listed companies
45
Domestic market capitalization
12,486
SSE Partner Exchange

Yes

Has annual sustainability report

No

Requires ESG reporting as a listing rule

No

Has written guidance on ESG reporting

No

  • However, received an offer from BeDeveloppment to produce ESG guidance.
Offers ESG related training

No

Has sustainability-related indices

No

  • However, BRVM is in the beginning phase of creating a BRVM SSE Index.
Has sustainability bond listing segment

No

Has SME listing platform

No

Additional information
Organizational model of stock exchange
  • Demutualised
Regulatory model
  • Non self regulatory exchange
About the stock exchange
  • The Bourse Regionale des Valeurs Mobilieres (BRVM) was founded in 1998 and operates on the CFA Franc. It is a regional stock exchange serving the following West African Economic and Monetary Union (WAEMU) countries: Cote d’Ivoire, Mali, Senegal, Togo, Burkina Faso et Niger. BRVM ranks first among the top-performing African stock markets in terms of increases in its index of all listed securities (BRVM Composite), finishing 2015 with a 17.77 % increase of its composite index. Stocks and Bonds are traded on BRVM.
Ownership of Exchange (Shares >4% only) Share
Private %