BRVM (Regional Securities Exchange)
Western Africa (Benin, Burkina Faso, Guinea Bissau, Côte d’Ivoire (HQ), Mali, Niger, Senegal, Togo)
Number of listed companies
Domestic market capitalization
12,486 million US$
SSE Partner Exchange
Has annual sustainability report
Requires ESG reporting as a listing rule
Has written guidance on ESG reporting
- However, received an offer from BeDeveloppment to produce ESG guidance.
Offers ESG related training
Has sustainability-related indices
- However, BRVM is in the beginning phase of creating a BRVM SSE Index.
Has sustainability bond listing segment
Has SME listing platform
Organizational model of stock exchange
- 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.
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