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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Ivorian State will sell 9.95% of its shares in Orange. A total of 14.2 million shares, with a unit value of CFAF 9,500, will be sold by the Bourse Régionale des Valeurs Mobilières (BRVM).
The government is demonstrating its commitment to encouraging Ivorians to have a culture of investment in the financial markets and to promote access to savings for national investors through investments in the BRVM, which is based in Abidjan. "The Council of Ministers has adopted a decree authorizing the transfer of a 9.95% stake held by the State in the capital of the company Orange Côte d'Ivoire," reported Amadou Coulibaly, the government spokesman. Of the 14.2 million shares sold through the Bourse Régionale des Valeurs Mobilières (BRVM), 80% are reserved for nationals.
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