BGFI Holding Plans 2025 IPO on Central Africa’s BVMAC
TLDR
- BGFI Holding Corporation, parent company of the BGFIBank Group, has announced plans for an initial public offering (IPO) in 2025
- The offering will involve creating up to 10% new shares, which will be listed on the Bourse des Valeurs Mobilières de l'Afrique Centrale
- Proceeds from the IPO will fund BGFI’s 2026-2030 Corporate Project, to be unveiled in mid-2025
BGFI Holding Corporation, parent company of the BGFIBank Group, has announced plans for an initial public offering (IPO) in 2025. BGFIBourse, the Group’s stock market intermediary subsidiary, has been mandated to manage the transaction.
The offering will involve creating up to 10% new shares, which will be listed on the Bourse des Valeurs Mobilières de l'Afrique Centrale (BVMAC), the regional stock exchange for the Central African Economic and Monetary Community (CEMAC).
Proceeds from the IPO will fund BGFI’s 2026-2030 Corporate Project, to be unveiled in mid-2025. Chairman and CEO Henri-Claude OYIMA stated, “This IPO will strengthen the reputation and reliability of our brand.”
You can follow Daba’s reporting on Africa on WhatsApp. Sign up here
Key Takeaways
BGFI’s IPO underscores a growing push for companies in Central Africa to leverage regional markets like BVMAC for financing. Founded in 2003 and merged with Douala Stock Exchange in 2019, BVMAC serves six CEMAC countries: Cameroon, Gabon, Chad, Republic of Congo, Central African Republic, and Equatorial Guinea. BGFI aims to lead by example, encouraging other firms to access regional funding. With the IPO, BVMAC could gain greater visibility, potentially attracting more listings and investor interest in Central Africa's capital markets. This marks a strategic step in BGFI's growth plans while showcasing the role of regional exchanges in fostering economic development and reducing reliance on external financing sources.
Think someone else should see this?
To invest in this opportunity and other opportunities across Africa
Download the daba finance app on your mobile through
Take action.
Download app
Start investing in Africa’s best opportunities, including stocks, bonds, startups, venture funds, and more.
Partner with us
Unlock exciting business opportunities and growth potential.
Join Daba
Become a part of our vibrant community and enjoy exclusive benefits.
Contact us
Reach out to us for inquiries, support, or collaboration.