Burkina Faso

Investment | Turkey’s MNG Gold to Invest $45 Million in Burkina Faso Mines

Posted on by The Editorial Team
Investment | Turkey’s MNG Gold to Invest $45 Million in Burkina Faso Mines

Ouagadougou, Capital Markets in Africa: Turkey’s MNG Gold is spending $45 million to mine gold in Burkina Faso after obtaining two projects in Africa’s fourth-largest producer of the metal. The Balogo pit in the south of the country will yield 100,000 ounces annually when production starts this year, Richard Zongo, MNG Gold’s country manager, said in an interview. To guarantee the profitability of the mine, which has a lifespan of only two years, the company bought the rights…

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Orange completes acquisition of mobile operator Airtel in Burkina Faso

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Orange completes acquisition of mobile operator Airtel in Burkina Faso

PARIS, France, Capital Markets in Africa: Orange announces today that, together with its subsidiary Orange Côte d’Ivoire, it has completed the acquisition of 100% of the mobile operator Airtel in Burkina Faso. Since the signature of an agreement with Bharti Airtel International (Netherlands) BV (“Airtel”) in January 2016, Orange has obtained all the official approbations necessary to complete this transaction. Airtel is the 2nd largest mobile operator in Burkina Faso, with close to 4.6 million…

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

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

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…

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

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…

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

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

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’…

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

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’…

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

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

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…

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