Following on from partnerships and dual listings with a number of African capital markets, the London Stock Exchange (LSE) is looking to foster dual listings with the West African regional exchange.
“We are looking to attract and encourage dual listings,” Ibukun Adebayo, co-head of emerging markets at the LSE Group, said during an event on west African capital markets.
“Listing with the LSE provides profile and extra liquidity in countries promoting dual listings.”
Founded in 1998, the West African regional exchange, the Bourse Régionale des Valeurs Mobilières (BRVM), is based in Abidjan, the capital of Côte d’Ivoire. The countries served by the exchange – Benin, Burkina Faso, Guinea Bissau, Côte d’Ivoire, Mali, Niger, Senegal and Togo – span francophone west Africa, and overlap with the regional CFA franc currency union zone.