The Regional Stock Exchange (BRVM) of the Western Economic and Monetary Union
Africaine (UEMOA) presented its 2022 results on January 18, 2023. It was during a press conference
at its headquarters in Abidjan. .
On this occasion, Dr Edoh Kossi AMENOUNVE, Director General of the Institution, noted that despite
a particularly difficult macroeconomic context characterized by unprecedented increases
the key rates of most central banks to fight against the inflationary surge
generalized throughout the world, the BRVM has rather recorded a positive evolution with all its
indicators. these remained in the green while the main world stock exchanges were displayed in the red. thus as of December 31, 2022, the BRVM is:
▪ A 7.86% increase in the BRVM 10 index compared to December 31, 2021;
▪ A 0.46% increase in the BRVM Composite index over the period under review;
▪ The initial public offering of Orange Côte d’Ivoire with a capitalization of 1431.23
billion FCFA, i.e. the 21st IPO on the BRVM since 1998, the 10th IPO of a company
Ivorian and the 5th and last IPO on African stock exchanges in 2022;
▪ Market capitalization of the equity market increased to 7,560.177 billion FCFA
(+24.23%) with 46 listed companies;
▪ The admission of 19 bond lines for an amount of 2,469.06 billion FCFA
bringing the capitalization of the bond market to 8,926.897 billion FCFA (+23.18%);
▪ A transaction volume which increased by 3.02% with 255.22 million shares traded
in 2022 against 247.73 million shares in 2021, for a value of 469.637 billion
FCFA.
In the report made by the general manager, key communication activities emerged. This is the launch of BRVM TV (May 27, 2022) accessible at www.brvmtv.org and on its
social networks, organization of the 3rd edition of the BRVM Awards, celebration of excellence on
the WAEMU Regional Financial Market (June 8 and 9, 2022 in Dakar).
Dr AMENOUNVE indicated that for 2023, the BRVM will strive to expand the supply of securities with the admission of new companies including SMEs, the development of demand for securities, especially by
individuals as well as the continuation of the African Stock Exchanges Interconnection Project (AELP) to
give investors access to a broader, deeper and more liquid market.
The BRVM is the Stock Exchange Common to the eight member countries of the UEMOA which are Benin,
Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and TOGO. It has been operational since December 18, 1996.