Africa50 and BRVM partner to mobilize regional capital for infrastructure development

Abidjan, Côte d'Ivoire, 13 May 2025 — Africa50, the pan-African infrastructure investor and asset manager, today signed a Memorandum of Understanding (MoU) with the Bourse Régionale des Valeurs Mobilières (BRVM) to pioneer new infrastructure financing solutions within the West African Economic and Monetary Union (WAEMU), leveraging the region’s capital markets.

The strategic partnership aims to introduce infrastructure-focused project bonds and related financial instruments to mobilize long-term capital through the regional stock exchange, which serves eight WAEMU countries: Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo.

This collaboration is expected to catalyze a new era of infrastructure financing in West Africa by enabling local and regional investors, particularly pension funds and other institutional and private capital, to participate more directly in infrastructure development. The initiative will also broaden access for infrastructure developers and support the development of bankable projects across the region for investments.

“Africa’s infrastructure needs cannot be solved by capital alone, they require innovation, trusted institutions, and African-led execution,” said Alain Ebobissé, CEO of Africa50. “This pioneering partnership with the BRVM reflects Africa50’s commitment to mobilizing domestic capital, building strong partnerships, and scaling market-based solutions that deliver both impact and sustainable returns.”

Dr. Edoh Kossi Amenounvé, Director General of the BRVM, added, “The time has come for African capital markets to play a decisive role in financing the continent’s infrastructure transformation. Through this collaboration with Africa50, the BRVM is positioning itself as a central platform for mobilizing domestic and regional savings toward infrastructure. Leveraging project bonds and similar instruments which could all help to bridge the infrastructure gap and create value for investors.”

This agreement was signed on the sidelines of the Africa CEO Forum, where Africa50 actively engaged other partners to advance its broader strategy of infrastructure development through innovative financing solutions.

ENDS

 

About Africa50

Africa50 is an infrastructure investor and asset manager that contributes to Africa's growth by developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding, with differentiated financial returns and impact. Africa50 currently has 37 shareholders, comprised of 33 African countries, the African Development Bank, the Central Bank of West African States (BCEAO), Bank Al-Maghrib, and the Public Investment Corporation (PIC). For more information, visit: www.africa50.com

About BRVM

Launched on December 18, 1996, in Cotonou (BENIN), the Regional Stock Exchange (BRVM) is a fully integrated electronic stock exchange shared by eight West African countries: Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. In addition to equity securities (stocks), the BRVM also offers the listing and trading of debt securities (bonds).

The BRVM provides investors with a world-class trading environment, featuring cutting-edge systems for quotation and transaction settlement/delivery. It currently holds the Presidency of the Executive Committee of the African Securities Exchanges Association (ASEA) and is a member of the West African Capital Markets Integration Council (WACMIC).

Since November 2016, the BRVM has been classified as a frontier market by MSCI. www.brvm.org

Media Contacts:

Africa50 - Nana Boakye-Yiadom, Communications Manager, n.boakyeyiadom@africa50.com

BRVM – Baleir Pacome KOUASSI, Chef de Service Communication et Marketing bpkouassi@brvm.org

Category: Press Release