FAGACE and BRVM are mobilizing for the private sector and the UEMOA market
A delegation from the Regional Securities Exchange (BRVM) led by its Director General, Mr. Edoh Kossi AMENOUNVE, paid a working and exchange visit to the African Guarantee and Economic Cooperation Fund (FAGACE), on June 30, 2021.
The discussions focused on the historic partnership between the two institutions, the financial market, and the need to converge actions to boost private sector emissions on the WAEMU market. They also made it possible to enrich the reflections and diligences currently being implemented to remove the obstacles and encourage the entry of the private sector whose potential on the market has been unanimously recognized.
Strengthening cooperation between FAGACE and BRVM will contribute to consolidating the dynamic of mobilizing financial resources in favor of SMEs in the UEMOA zone, with a view to sustainable development.
To do this, FAGACE, which is approved as an institutional guarantor with the CREPMF, will provide its guarantee to cover issuers’ resource raising operations.
This meeting was an opportunity for the Director General of FAGACE to reaffirm his firm desire to see FAGACE strengthen its role as an international institution for financing the development of member countries in general and more particularly those of UEMOA.
