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West Africa’s stock market hits record $21bn capitalisation

Simon Osuji by Simon Osuji
October 17, 2025
in Business
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West Africa’s stock market hits record $21bn capitalisation
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The stock exchange’s latest milestone underscores its impressive growth, having recorded a 29.13% increase in market capitalisation since the end of 2024.

Over the last five years, the BRVM has experienced an exceptional cumulative growth rate of nearly 198%, further highlighting the resilience and dynamism of the West African market.

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Record growth reflects West Africa’s economic resilience and investor confidence

Employees work at computer terminals on the trading floor at the Nigerian Stock Exchange (NSE) in Lagos, Nigeria, on Monday, Oct. 26, 2015.  [George Osodi/Bloomberg via Getty Images]

Key indicators, including the BRVM Composite index (BRVM-C), have continued to show solid growth, reflecting investor confidence and the attractiveness of the exchange.

The BRVM-C index has posted a 22.29% increase in 2025 alone, underscoring its status as one of Africa’s top-performing stock markets.

The BRVM’s impressive performance mirrors a broader trend across Africa, where major exchanges have also recorded substantial growth this year.

The Ghana Stock Exchange, for example, surged by 73.92%, while the Nigerian Stock Exchange saw an increase of 43.54%.

Other key markets, such as the Johannesburg Stock Exchange and the Egyptian Stock Exchange, also posted notable gains, demonstrating a continent-wide shift toward economic growth and market vitality.

As the fifth-largest stock exchange in Africa, the BRVM continues to position itself as a strategic player in the Pan-African financial landscape, with an eye toward further integration and collaboration across the continent’s financial markets.

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