Cote d'Ivoire: Côte d'Ivoire Launches Waemus First Agricultural Commodities Exchange

Cote d'Ivoire: Côte d'Ivoire Launches Waemus First Agricultural Commodities Exchange

TLDR

Côte d'Ivoire officially holds its agricultural raw materials exchange, a first in West Africa. Seven years after its announcement, the BMPA will have its first real day of listing on 30 May. Yesterday, 28 May, for its official and symbolic launch, about 89 tons of products have been exchanged in about ten minutes, for a value of almost 31 million CFA francs. For the moment, only the raw cashew nuts, cola nuts and maize are concerned. At long-te…

Africa: Côte d’Ivoire Launches West Africa’s First Agricultural Commodities Exchange

After seven years in development, Côte d’Ivoire has launched West Africa’s first agricultural commodities exchange – the Bourse des Matières Premières Agricoles or BMPA. Officially opened on Wednesday 28 May in the Ivorian economic capital Abidjan, the exchange began formal trading on Friday, with the aim of bringing transparency, structure, and improved income to the region’s agricultural producers. The exchange’s symbolic launch was swift and …

On 29 May 2025, the Republic of Côte d'Ivoire signed a framework agreement with the Japan Bank for International Cooperation (JBIC), a Japanese public development bank, to finance projects with a strong environmental component, providing funding of EUR 150 million, including EUR 90 million directly provided by JBIC, under its GREEN programme.

On 28 May 2025 marks a decisive turning point for Ivorian agriculture with the holding of the first listing session on the Stock Exchange of the First Agricultural Materials of Côte d'Ivoire (BMPA CI). This launch positions the country from the outset in a dynamic of modernization of its agricultural sectors through a transparent, networked and digitized mechanism...