Benin |

Benin Seeks to Spend $15 Billion Next 5 Years to Boost Economy

PORT-NOVO (Capital Markets in Africa) – Benin plans to spend as much as $15 billion over the next five years on agriculture, tourism and infrastructure projects, an amount that the government seeks to raise by boosting tax revenue and borrowing on local and regional markets, according to the finance minister. The government of the West African nation will finance about 40 percent of its development program, while the private sector will be tapped to fund…

Cote D’Ivoire Equity Markets | 27 Oct 2015: Bullish mood continues, investors smile home with US$18 Million …

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Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Tuesday higher than the previous day. BRVM 10 index rose from 305.78 to 305.95 points, a gain of 0.06 percent. BRVM Composite index gained 0.13 percent at 306.23 points against 305.82 points previously. The equity market capitalization grew by XOF 10.2 billion (about US$17.51million) to close at XOF 7,557 billion relative to the previous trading…

Cote D’Ivoire Stock Markets | 26 Oct 2015: BRVM equity markets start the week in north, composite index 0.52% greater …

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Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Monday higher than the previous day. BRVM 10 index rose from 303.72 to 305.78 points, a gain of 0.68 percent. BRVM Composite index gained 0.52 percent at 305.82 points against 304.25 points previously. The equity market capitalization grew by XOF 38.8 billion (about US$671million) to close at XOF 7,546 billion relative to the previous trading…

Cote D’Ivoire Stock Markets | 22 Oct 2015: Markets Sustain the Uptrend … BRVM Composite index 0.59% gains …

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Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Thursday higher than the previous day. BRVM 10 index rose from 305.73 to 307.98 points, a gain of 0.74 percent. BRVM Composite index gained 0.59 percent at 307.21 points against 305.41 points previously. The equity market capitalization gained XOF 44.4 billion (about US$761million) to close at XOF 7,581 billion relative to the previous trading sessions’…

Cote D’Ivoire Stock Markets | 21 Oct 2015: BRVM equity market cap and indices end higher, transportation index 5.33% down …

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Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Wednesday higher than the previous day. BRVM 10 index rose from 302.43 to 305.73 points, a gain of 1.09 percent. BRVM Composite index gained 0.63 percent at 305.41 points against 303.50 points previously. The equity market capitalization gained XOF 47.2 billion (about US$81million) to close at XOF 7,536 billion relative to the previous trading sessions’…

Cote D’Ivoire Stock Markets | 20 Oct 2015: Bear visits the BRVM Bourse, Market Capitalization US$10 million lower …

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Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Tuesday lower than the previous day. BRVM 10 index decreased from 303.63 to 302.43 points, a drop of 0.40 percent. BRVM Composite index lost 0.08 percent at 303.50 points against 303.73 points previously. The equity market capitalization dropped XOF 5.6 billion (about US$9.6 million) to close at XOF 7,489 billion relative to the previous trading…

Cote D’Ivoire Stock Markets | 19 Oct 2015: BRVM Composite index 0.09% higher, BRVM 10 index 0.01 lower …

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Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) main indices closed the trading session this Monday, lower than the previous day for BRVM 10, and higher for BRVM Composite. BRVM 10 index decreased from 303.65 to 303.63 points, a marginal drop of 0.01 percent. BRVM Composite index gained 0.09 percent at 303.73 points against 303.47 points previously The equity market capitalization gained XOF 6.3 billion (about US$10.8 million)…

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