BRVM to reveal next Monday the list of 10 new firms joining Elite BRVM Lounge

Finance
Thursday, 06 December 2018 16:21
BRVM to reveal next Monday the list of 10 new firms joining Elite BRVM Lounge

(Togo First) - In the framework of its Elite BRVM Lounge, the West African stock market will add a second batch of 10 SMEs to the project, after a first batch of 10 firms, including Togolese firm Sodigaz, selected previously.

Presentation ceremony will be held on December 10, in Abidjan, Côte d’Ivoire.

The second batch’s addition is subsequent to a deal signed by BRVM, London Stock Exchange and the Casablanca Stock market, on November 9, 2017, in Abidjan relating to the implementation of the ELITE programme in the WAEMU.

Developed by the London Stock Exchange Group (LSEG), the ELITE program aims to build a “dynamic ecosystem, revolving around private sector, to support and foster innovation, entrepreneurship and growth”.  

Through this program, BRVM wishes to “boost capacities of firms in the region that has a high potential for growth, in order to give them access to a new source of funding via the WAEMU Regional Financial Market, its third compartment created on December 19, 2017”

Fiacre E. Kakpo

 
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