The Bourse Régionale des Valeurs Mobilières (BRVM) is to hold a high-level meeting at the London Stock Exchange on 28 April 2015. The conference, which will be attended, amongst others, by Ms Nialé Kaba, Côte d’Ivoire’s Minister of Economy and Finance, will provide an opportunity to present the financial centre of the West African Economic and Monetary Union (UEMOA) to international, and especially British, investors. The London Stock Exchange is Europe’s premier financial centre.
“Following the success of the BRVM Investment Days in Paris in October 2014, the British capital was the natural choice for the second round. The London Stock Exchange is developing cooperation with African finance and constitutes a real springboard for growth for the BRVM,” explains Gabriel Fal, Chairman of the BRVM’s Board of Directors.
With market capitalisation having doubled in three years – standing at 7458 billion CFA francs (around USD 13.8 billion) on 31 December 2014 – and transaction volumes growing constantly, the BRVM is becoming a destination of choice for many international investors, eager to diversify their asset portfolio while simultaneously contributing to the development of African economies. “Along with Johannesburg, Lagos, Casablanca and Nairobi, our regional exchange embodies this new frontier of finance that offers safe investments with high returns,” says Edoh Kossi Amenounve, CEO of the BRVM.