Summary
Regional stock exchange in Abidjan, Cote d'Ivoire
The Bourse Regionale de Valeurs Mobiliares, the world's first regional stock exchange, opened in Abidjan, Cote d'Ivoire, on Sep 16, 1998. The stock exchange supports common economic markets and a common currency. It also features standardized and centralized quotation, trading, settlement, payment, and custody provisions. Members of the stock exchange are Mali, Coe d'Ivoire, Niger, Benin, Burkina, Senegal and Togo.See the full content of this document
Extract
Abidjan bourse leads the world.
Africa has taken the lead where others, especially Europe expect to follow. Emmanuel Moors de Giorgio describes the setting up of the world's first regional stock exchange, in Abidjan and explains its significance to the regional economy.
It's mid-November 1998 and the French Ministry of Finance is witnessing a flurry of activity. People are running left and right as if this bastion of perennial power had been ravaged by hurricane Mitch. In a moment, the Minister in charge will announce the possible creation of a pan-...See the full content of this document
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