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 million US$
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 %