The Regional Stock Exchange (BRVM) recently unveiled its main projects for
next ten years. Through a strategy called "Prospective Vision 2020-2030", the stock market
region intends, according to its managing director, Edoh Kossi Amenounvé (photo), to be part of "the evolution
technology and face the various global challenges".
The objective pursued through this vision consists in particular in "deepening and developing
of the regional financial market" of WAEMU, while allowing "savings, wherever they are, to be able to
express themselves and get paid”.
Thus, the BRVM aims to increase the number of listed companies to 60 by 2030 (compared to 46
currently), as well as raising the market capitalization to 30% of WAEMU's GDP.
Putting innovation at the heart of its actions over the next 10 years, the BRVM also intends
digitize its operations, as well as those of the Central Depository / Bank of
regulation (DC/BR).
Wishing also to integrate the issues of sustainability and climate change, the stock exchange intends
launch “Green Bonds” over the next decade.
In the same vein, the BRVM aims to position itself as an "ethical and supportive" stock exchange by
launching “Social Bonds” over the next few years. In order to increase transparency and
the stock market inclusion of the populations of the UEMOA space.
Among the many projects planned by the institution during this period is also the
transition to the digital and disrupted stock market. This will include integrating new technologies into
all aspects of stock market trading. This, through the use of artificial intelligence, blockchain,
big data, etc Thus, a series of new profession profiles will appear on the market, such as
cyber-brokers, cyber-asset managers. This will further enable the settlement of transactions via the
electronic money.
In order to promote the stock market and financial culture among the population, the BRVM intends to
In addition, to offer means of "open learning" through not only training for the general public,
professional, but also training aimed specifically at public institutions and
private.
Finally, underway for several years, the project of integrating ECOWAS stock exchanges should
experience a boost with the advent of the future currency: the ECO.
It should be recalled that during 2019, the BRVM through the DC/BR redistributed to investors a total
of 849.347 billion FCFA (about $1.4 billion), up 19% compared to the previous year. This
amount relates in particular to the redemption of listed bonds (51%), the payment of dividends
(12%), repayment of unlisted bonds (6%), interest on listed bonds (29%), and
interest on unlisted bonds (1%)