The first listing reflects the commitment of the BRVM for the development of Islamic finance in the Regional Financial Market WAEMU. It will enhance the attractiveness and liquidity of its Islamic bonds, particularly for individual holders, while ensuring the success of future issuances by WAEMU States.

The Ivorian government is about to sell its 23% stake in Sucrivoire in an initial public offering, which should get it a plus-value of 9.016 billion CFA francs, sources close to the operation said. The executive will finally dispose of 1.127 million shares, instead of 563,500 shares announced previously, each to be sold at 13,000 CFA francs.

The Bourse Regionale des Valeurs Mobilieres (BRVM) is aiming to have a dedicated mining platform in place by 2018, according to General Manager Edoh Kossi Amenounve.

Societe Ivoirienne de Banque (SIB), controlled by Morocco's Attijariwafa Bank, will sell 2 million shares as a prelude to listing on West Africa's regional BRVM bourse, Ivory Coast officials said on Friday.