Ivory Coast | - Part 19

U.S. Brookstone to invest $750 mln in Ivory Coast hydro project

Abidjan, Cote D’Ivoire (Capital Markets in Africa):- U.S. private equity firm Brookstone Partners plans to invest up to 450 billion francs CFA ($750 million) in three hydroelectric dams in Ivory Coast through its Moroccan arm Platinum Powers, a company executive said on Wednesday. Kamal Abdelhafid, engineer and strategic director of the group, told Reuters in the Ivorian commercial capital Abidjan that the projects aim to meet rising power demand in francophone West Africa’s biggest economy….

African Market Watch: Thurs, 16th April 2015

Posted on by The Editorial Team

BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous day for both BRVM 10 index and BRVM Composite. BRVM 10 index rose from 271.78 to 273.94 points, a gain of 0.79%. BRVM Composite index gained 0.51% to 263.17 against 261.83 points previously. The equity market capitalization was recorded at XOF 6,492.71 billion. Likewise, the traded value was recorded at XOF…

African Market Watch: Monday, 13th April 2015

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BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous day for both BRVM 10 index and BRVM Composite. BRVM 10 index rose from 266.59 to 268.45 points, a gain of 0.70%. BRVM Composite index gained 0.56% to 258.63 against 257.18 points previously. The equity market capitalization was recorded at XOF 6,381.82 billion. Likewise, the traded value was recorded at XOF…

African Market Watch: Friday, 10th April 2015

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BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, lower than the previous day for both BRVM 10 index and BRVM Composite. The BRVM 10 index fell from 268.21pts to 266.59pts, a drop of 0.63%. The BRVM Composite index decreased by 0.46% to 257.18pts against 258.38pts previously. The equity market capitalization was recorded at XOF 6,345.97 billion. Likewise, the traded value was recorded at…

African Market Watch: Thurs, 9th April 2015

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BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, lower than the previous day for both BRVM 10 index and BRVM Composite. BRVM 10 index fell from 269.11pts to 268.21pts, a drop of 0.33%. BRVM Composite index decreased by 0.62% to 258.38pts against 259.98pts previously. The equity market capitalization was recorded at XOF 6,375.58 billion. Likewise, the traded value was recorded at XOF 248.091…

African Market Watch: Wed, 8th April 2015

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BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous day for BRVM 10 index, and lower for BRVM Composite. BRVM 10 index rose from 269.02pts to 269.11pts, a gain of 0.03%. BRVM Composite index lost 0.79% to 259.98pts against 262.04pts previously. The equity market capitalization was recorded at XOF 6,415.10 billion. Likewise, the traded value was recorded at XOF 462.256…

African Market Watch: Tuesday, 7th April 2015

Posted on by The Editorial Team

BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, lower than the previous day. BRVM 10 index fell from 269.02pts to 269.20pts, a lost of 0.07%. BRVM Composite index gained 0.23% to 262.04pts against 262.64pts previously. The equity market capitalization was recorded at XOF 6,466.06 billion. Likewise, the traded value was recorded at XOF 915.240 million and total volumes recorded at 223,641 shares in…

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