West African BVRM exchange's revenue more than doubles in one year to $362M

Edoh Kossi Amenounve, General Manager, BRVM

Turnover on West Africa’s BRVM bourse more than doubled over the past year, reaching 209.26 billion CFA francs ($362.2 million) in late May.

“We benefited from a favorable context. We live in a region with strong growth,” Edoh Kossi Amenounve, the manager of the stock exchange told reporters on Tuesday.

We live in a region with strong growth
He added that on May 31, the BRVM recorded 118.98 million securities exhanged for a value of 209.26 billion CFA francs, respective growth of 191 percent and 109 percent, compared to the same period last year.

The West Africa bourse lists 40 companies from countries including Senegal, Mali, Burkina Faso, Niger, Benin, Togo, and Ivory Coast.

Read more: West Africa bourse turnover more than doubles in a year | West Africa