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BRVM
The Bourse Régionale des Valeurs Mobilières SA ("Regional Securities Exchange SA"), or BRVM, is a regional stock exchange serving the following West African countries: * Benin * Burkina Faso * Côte d'Ivoire * Guinea Bissau * Mali * Niger * Senegal * Togo. The exchange is located in Abidjan, Cote d'Ivoire. Market offices are maintained in each country. BRVM is a private corporation with 2,904,300,000 CFA francs in capital. The BRVM Composite Index climbed 18 percent in 2015. Mission The mission of the BRVM is to: *organize the securities market; *disseminate market information; *promote the market. History Time line Market integration by the BRVM is a political, institutional, and technical success. The Bourse Régionale and Dépositaire Central/Banque de Règlement (DC/BR) were established in several phases: *November 14, 1973: Treaty signed establishing the West African Monetary Union (WAMU), which created a financial market organized into sub-regions. *Dec ...
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BRVM 10
The Bourse Régionale des Valeurs Mobilières SA ("Regional Securities Exchange SA"), or BRVM, is a regional stock exchange serving the following West African countries: * Benin * Burkina Faso * Côte d'Ivoire * Guinea Bissau * Mali * Niger * Senegal * Togo. The exchange is located in Abidjan, Cote d'Ivoire. Market offices are maintained in each country. BRVM is a private corporation with 2,904,300,000 CFA francs in capital. The BRVM Composite Index climbed 18 percent in 2015. Mission The mission of the BRVM is to: *organize the securities market; *disseminate market information; *promote the market. History Time line Market integration by the BRVM is a political, institutional, and technical success. The Bourse Régionale and Dépositaire Central/Banque de Règlement (DC/BR) were established in several phases: *November 14, 1973: Treaty signed establishing the West African Monetary Union (WAMU), which created a financial market organized into sub-regions. *Dec ...
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BRVM Composite
The BRVM Composite is a stock index calculated from the value of each stock on the Bourse Régionale des Valeurs Mobilières, or BRVM. The BRVM is organized into 7 sectors. The Bourse Régionale des Valeurs Mobilières is a regional stock exchange that serves 8 West Africa countries: * Benin * Burkina Faso * Guinea Bissau * Ivory Coast * Mali * Niger * Senegal * Togo. The exchange itself is located in Abidjan. BRVM stock listings :''as of March 2009'' See also *List of African stock exchanges There are 29 exchanges in Africa, representing 38 nations' capital markets. 21 of the 29 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*). The Egyp ... External links BRVM - Listings
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Abidjan, Cote D'Ivoire
Abidjan ( , ; N’ko: ߊߓߌߖߊ߲߬) is the economic capital of the Ivory Coast. As of the 2021 census, Abidjan's population was 6.3 million, which is 21.5 percent of overall population of the country, making it the sixth most populous city proper in Africa, after Lagos, Cairo, Kinshasa, Dar es Salaam, and Johannesburg. A cultural crossroads of West Africa, Abidjan is characterised by a high level of industrialisation and urbanisation. It also is one of the most populous French-speaking cities in Africa. The city expanded quickly after the construction of a new wharf in 1931, followed by its designation as the capital city of the then-French colony in 1933. The completion of the Vridi Canal in 1951 enabled Abidjan to become an important sea port. Abidjan remained the capital of the Ivory Coast after its independence from France in 1960. In 1983, the city of Yamoussoukro was designated as the official political capital of Ivory Coast. However, Abidjan has officially been d ...
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Abidjan
Abidjan ( , ; N'Ko script, N’ko: ߊߓߌߖߊ߲߬) is the economic capital of the Ivory Coast. As of the Demographics of Ivory Coast, 2021 census, Abidjan's population was 6.3 million, which is 21.5 percent of overall population of the country, making it the sixth most populous city proper in Africa, after Lagos, Cairo, Kinshasa, Dar es Salaam, and Johannesburg. A cultural crossroads of West Africa, Abidjan is characterised by a high level of industrialisation and urbanisation. It also is one of the most populous French-speaking cities in Africa. The city expanded quickly after the construction of a new wharf in 1931, followed by its designation as the capital city of the then-French colony in 1933. The completion of the Vridi Canal in 1951 enabled Abidjan to become an important sea port. Abidjan remained the capital of the Ivory Coast after its independence from France in 1960. In 1983, the city of Yamoussoukro was designated as the official political capital of Ivory Coast. Ho ...
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Ecobank
Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 36 African countries. It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers. It also maintains subsidiaries in Eastern and Southern Africa. ETI has representative offices in Angola, China, Dubai, France, South Africa, and the United Kingdom. Overview ETI is a large financial services provider with offices in 36 countries around the world, and presence in 36 sub-Saharan countries. , ETI's customer base was estimated at 13.7 million, with 9.6 million (70.2%), located in Nigeria, the continent's most populous nation. ETI's branch network numbered 1,305, with 1,981 networked ATMs. Group network , Ecobank Transnational had banking operations in 36 African countries, with representative offices in Angola, Beijing, Dubai, Ethiopia, South Africa and the United Kingdom: Ecobank Tran ...
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Sonatel
Sonatel ''()'' is the principal telecommunications provider of Senegal. The company is active in fixed line telephony, mobile telephony, internet service, television and corporate telecommunications. The company is involved in the construction of fiber optics networks in Africa and manages 2,200 kilometers of fiber cable in Senegal. The headquarters of the company are located in Dakar, the capital of Senegal. Orange S.A. owns a 42.33% controlling stake in Sonatel, which is listed on the Bourse Régionale des Valeurs Mobilières (BRVM). The company is the second mobile phone service provider in Bamako, Mali Mali (; ), officially the Republic of Mali,, , ff, 𞤈𞤫𞤲𞥆𞤣𞤢𞥄𞤲𞤣𞤭 𞤃𞤢𞥄𞤤𞤭, Renndaandi Maali, italics=no, ar, جمهورية مالي, Jumhūriyyāt Mālī is a landlocked country in West Africa. Mali ..., and has 1,000,000 mobile phone customers in that country. The company is involved in the construction of fiber optics netw ...
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Economy Of Benin
The economy of Benin remains underdeveloped and dependent on subsistence agriculture and cotton. Cotton accounts for 40% of Benin's GDP and roughly 80% of official export receipts. There is also production of textiles, palm products, and cocoa beans. Maize (corn), beans, rice, peanuts, cashews, pineapples, cassava, yams, and other various tubers are grown for local subsistence. Benin began producing a modest quantity of offshore oil in October 1982. Production ceased in recent years but exploration of new sites is ongoing. A modest fishing fleet provides fish and shrimp for local subsistence and export to Europe. Formerly government-owned commercial activities are now privatized. A French brewer acquired the former state-run brewery. Smaller businesses are privately owned by Beninese citizens, but some firms are foreign owned, primarily French and Lebanese. The private commercial and agricultural sectors remain the principal contributors to growth. Economic development Sin ...
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List Of African Stock Exchanges
There are 29 exchanges in Africa, representing 38 nations' capital markets. 21 of the 29 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*). The Egyptian Exchange (EGX), founded in 1883, is the oldest stock exchange in Africa. One of the oldest bourses (exchanges) on the continent is the Casablanca Stock Exchange of Morocco, founded in 1929 and the JSE Limited in 1887. Today the Casablanca stock exchange, in Morocco is the 3rd largest exchange in Africa, while Johannesburg Stock Exchange is the first, and the Nigerian Stock Exchange (NSE) is the second. There are several notable countries on the continent that do not have a stock exchange. The most notable is Ethiopia, although it does have a commodities exchange in Addis Ababa. In January 2021 a capital market bill was tabled to Ethiopian lawmakers that would establish a stock exchange through a public-private partnership. List Se ...
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Economy Of Africa
The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. , approximately 1.3 billion people were living in 54 countries in Africa. Africa is a resource-rich continent. Recent growth has been due to growth in sales in commodities, services, and manufacturing. West Africa, East Africa, Central Africa and Southern Africa in particular, are expected to reach a combined GDP of $29 trillion by 2050. In March 2013, Africa was identified as the world's poorest inhabited continent; however, the World Bank expects that most African countries will reach "middle income" status (defined as at least US$1,025 per person a year) by 2025 if current growth rates continue. There are a number of reasons for Africa's poor economy: historically, even though Africa had a number of empires trading with many parts of the world, most people lived in tribal rural societies; in addition, European colonization and the later Cold War created political, ...
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Global Industry Classification Standard
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 24 industry groups, 69 industries and 158 sub-industries into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by FTSE Group. GICS is used as a basis for S&P and MSCI financial market indexes in which each company is assigned to a sub-industry, and to an industry, industry group, and sector, by its principal business activity. "GICS" is a registered trademark of McGraw Hill Financial and MSCI Inc. Classification The classification is as follows: Revisions The classification standard is regularly updated by S&P Dow Jones Indices and MSCI. Numerous changes over the years have resulted in the addition, deletion, or redefinition of various sub-industries, industri ...
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Stock Exchanges In Africa
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classes ...
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West African Economic And Monetary Union
The Economic Community of West African States (ECOWAS; also known as in French and Portuguese) is a regional political and economic union of fifteen countries located in West Africa. Collectively, these countries comprise an area of , and in 2015 had an estimated population of over 349 million. Considered one of the pillar regional blocs of the continent-wide African Economic Community (AEC), the stated goal of ECOWAS is to achieve "collective self-sufficiency" for its member states by creating a single large trade bloc by building a full economic and trading union. The union was established on 28 May 1975, with the signing of the Treaty of Lagos, with its stated mission to promote economic integration across the region. A revised version of the treaty was agreed and signed on 24 July 1993 in Cotonou. The ECOWAS also serves as a peacekeeping force in the region, with member states occasionally sending joint military forces to intervene in the bloc's member countries at times ...
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