🇨🇮Côte d'IvoireWest Africa
BRVM soars, driven by banking sector and cocoa price surge
via Abidjan.net7 min read
The Bourse Régionale des Valeurs Mobilières BRVM experienced a significant rise, primarily fueled by the banking sector and the escalating price of cocoa. This economic uplift for the week of June 29 to July 3, 2026, follows a period of robust performance for the BRVM, with previous reports highlighting a record week and solid prospects for investors. The BRVM30 also showed progression in earlier weeks. This positive trend has been observed over several months, with the BRVM consistently remaining in the green. The market has also seen significant activities, including the successful continuity exercise of its activities through its IT backup site, the admission of three Burkina Faso bond issues totaling over 131 billion FCFA, and Senegal raising 416 billion FCFA in a record bond operation. Additionally, Africa50 and the BRVM have partnered to boost infrastructure financing in West Africa, and the 6th edition of the BRVM Awards was celebrated in Cotonou, where the International Bank for Industry and Commerce of Benin BIIC was admitted to the BRVM's listing.
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