The number 1 of the Regional Stock Exchange (BRVM), common to the eight countries of the West African Economic and Monetary Union (WAEMU) gave an interview to Jeune Afrique. In this interview, he indicated that the bond market has been exceptionally dynamic during the year 2020.

Despite the health context, the West African stock market recorded record issuances. Former Secretary General of the WAEMU Regional Financial Market Regulatory Authority, Togolese Edoh Kossi Amenounve told Jeune Afrique that the pandemic has surprised us all and seriously shaken all capital markets. But, despite the difficulties, the BRVM recorded in 2020 more than 246 billion CFA francs in transactions against 136 billion CFA francs in 2019, an increase of 80%." This is one of our best years. We had an exceptionally dynamic bond market in 2020.

The States of the Union and some companies such as Sonatel have made record issues to obtain the resources necessary to manage not only the crisis, but also the post-crisis period," said Edoh Kossi Amenounve.Il adds that the institution has registered 28 bond lines for a total of around 2,000 billion CFA francs. In terms of transactions, many WAEMU institutional and retail investors have been able to maintain their confidence in the market and support transactions and, even in some cases, the exits of international investors.