Africa50, BRVM Unite for Infrastructure Financing
Africa50 has partnered with the Bourse Régionale des Valeurs Mobilières (BRVM) to expand infrastructure financing across West Africa. Mr Alain Ebobissé, Chief Executive Officer of Africa50, the pan-African infrastructure investor and asset manager, announced the partnership in a statement on Thursday.
The Memorandum of Understanding (MoU) was signed on the sidelines of the Africa CEO Forum in Abidjan. The agreement aims to develop project bonds and other financial instruments tailored to infrastructure projects within the West African Economic and Monetary Union (WAEMU).
WAEMU comprises eight countries: Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo.
According to Ebobissé, the partnership will support the mobilisation of long-term capital through the BRVM, WAEMU’s regional stock exchange, and encourage participation from institutional investors, including pension funds and private capital.
“This collaboration is expected to catalyse a new era of infrastructure financing in West Africa. “It will enable local and regional investors, particularly pension funds and other institutional players, to participate more directly in infrastructure development,” he said.
Ebobissé added that the initiative would combine local capital with innovation and African-led execution to accelerate infrastructure development and improve access to bankable projects across the region.
“Africa’s infrastructure needs cannot be solved by capital alone. This partnership with the BRVM reflects our commitment to mobilising domestic resources and delivering sustainable returns,” he said.
Dr Edoh Amenounvé, Director-General of the BRVM, described the collaboration as a turning point in the role of African capital markets in financing infrastructure.
“The time has come for African markets to finance our infrastructure transformation. Through project bonds and other instruments, we can bridge the gap and create long-term value,” he said.
He noted that the initiative was expected to improve access for developers, enhance the bankability of infrastructure projects, and open new investment opportunities across the region. #Africa50, BRVM Unite for Infrastructure Financing#
