The Bourse Régionale des Valeurs Mobilières (BRVM), received the Innovative Deal of the Year Award from the AFIS AWARDS 2023, in conjunction with the SGI EDC Investment Corporation. It was on the occasion of the African Financial Industry Summit (AFIS), held in Lomé (Togo), on November 15 and 16, 2023.
A statement from the Brvm informs that this prize is awarded relative to the success of the introduction to the BRVM of Orange Côte d’Ivoire, on December 30, 2022, with a record capitalization at the introduction of 1538.19 billion Cfa francs.
The document reports that the distinction made to the BRVM through the «Innovative Deal of the Year» Award reflects the recognition of the African financial industry to a rare transaction in recent times on the markets (partial privatization by IPO) which raised the WAEMU stock market to fifth place on African stock exchanges in terms of capitalisation in September 2023.
Dr Edoh Kossi AMENOUNVE expressed the gratitude of the BRVM, its Board of Directors, its General Management and all its staff who are honoured to receive this distinction. It is the culmination of the efforts undertaken over several years in terms of promoting the regional financial market and innovation.
Dr AMENOUNVE took the opportunity to express his deep gratitude to the Ivorian Government and its Privatization Committee whose vision and leadership he praised. He thanked them for their ongoing concern for the BRVM. The public offer to sell the shares of Orange Côte d’Ivoire was arranged and conducted by SGI EDC Investment Corporation (Ecobank Group) co-winner of the prize.
Initiated by Jeune Afrique Media Groupe (JAMG) in partnership with Mazars, the AFIS Awards annually reward five categories of companies and individuals who have contributed significantly to the growth of the African financial sector.
