The BRVM comes to New York to attract US investors

Sep 03, 2015

The third edition of the BRVM Investment Days will be held on September 23rd.

The BRVM is setting up a workshop in New York to meet with US and international investors.

The third edition of BRVM Investment Days, whose theme is 'Accelerating growth in Africa via capital markets', will be held at the headquarters of the US group Bloomberg LP on September 23rd.

After Paris in 2014 and London in April 2015, the BRVM will be in New York to attract new investors on the market, promote investment in countries of the Economic and Monetary Union of West Africa (UEMOA) and ensure maximum visibility for the BRVM and regional businesses on the world stage.

Around twenty senior government officials and financial players from West Africa are expected to make the trip to present the benefits of listing on the exchange.

With a capitalisation that has doubled in three years (7,458 billion CFA francs, or about €12.2 billion as of December 31st, 2014) and a steady increase in transactions, the BRVM is now the sixth largest African bourse.

In recent years, international investors accounted for between 40 and 60 per cent of the total transaction value.ADNFCR-2976-ID-801799461-ADNFCR