AfDB and BEAC seek ten listings on BVMAC by 2025
With its financial sector reform project in Central Africa, the AfDB and its partners intend to boost activity in the sub-region. Jeune Afrique Business+ lifts the curtain on their key projects.
13/07/2021 at 16h54, by Africa Business+
“The urgency in the coming months is to provide institutions with a new business model to increase the number of IPOs of companies significantly,” acknowledged the Central Africa Director of the African Development Bank, Serge N’Guessan. More specifically, the pan-African institution and its partners, notably the Bank of Central African States (BEAC), have set themselves a target of ten IPOs on the Central African Securities Exchange (BVMAC) by 2025.
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