Africa > West Africa > Guinea > Stock Market / Finance

Stock Market / Finance in Guinea

  • London eyes dual listings on west African capital markets

    BENIN, 2015/05/10 Following on from partnerships and dual listings with a number of African capital markets, the London Stock Exchange (LSE) is looking to foster dual listings with the West African regional exchange. “We are looking to attract and encourage dual listings,” Ibukun Adebayo, co-chief of emerging markets at the LSE Group, tells This Is Africa during an event on west African capital markets. “Listing with the LSE provides profile and additional liquidity in nations promoting dual listings.”
  • IMF Executive Board Completes Fifth Review Under Ecf Arrangement for Guinea, Extends Arrangement, and Approves Us$ 63.6 Million Augmentation

    GUINEA, 2015/02/13 The Executive Board of the International Monetary Fund (IMF) today completed the fifth review of Guinea's economic performance under the program supported by an Extended Credit Facility (ECF) arrangement. The Board's decision enables the immediate disbursement of SDR 45.135 million (about US$63.6 million), bringing total disbursements under the arrangement to SDR 136.935 million (about US$192.9 million). In completing the review, the Board as well approved a request for an extension of the current ECF arrangement to end-December 2015 and an augmentation of access under the ECF arrangement by SDR 45.135 million (about US$ 63.6 million or 42.1 % of quota) to help enhance international reserves, and cover the budget and urgent balance of payments needs resulting from the fight against the Ebola crisis. The Executive Board approved the three-year ECF arrangement for Guinea on February 24, 2012, for SDR 128.52 million (see Press Release No. 12/57).