Orange Côte d’Ivoire Shares Climb to 18,000 FCFA, Matching January High
Shares in Orange Côte d’Ivoire, the telecommunications operator listed on the regional stock exchange serving Francophone West Africa, climbed 4.32% on Thursday to close at 18,000 FCFA, returning to the highest closing level recorded since 29 January 2025, when the stock last finished at 18,000 FCFA, according to Daba Finance.
As AllAfrica reported, citing the Daba Finance market update, the rally lifted the Abidjan-based mobile operator back to a price point it had not held at the close of trading for several months. The BRVM-listed telecoms group is among the most actively traded equities on the regional bourse, and Thursday’s move drew renewed attention from investors tracking the region’s largest listed companies.
Orange Côte d’Ivoire provides mobile, fixed-line, internet and digital financial services across the country and is a subsidiary of France’s Orange SA, while holding a broad local share register that includes institutional and private Ivorian investors. The company is widely regarded as one of the dominant mobile providers in Côte d’Ivoire, the largest economy in the West African Economic and Monetary Union (WAEMU).
The BRVM is the single exchange serving the eight WAEMU member states — Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo — and is headquartered in Abidjan. Côte d’Ivoire accounts for the largest share of the exchange’s listed market capitalisation, and equities issued by Ivorian companies tend to dominate trading volumes on the platform. Trades clear in the West African CFA franc, which is pegged to the euro.
A return to a previous record closing level can signal renewed investor confidence, though a single session of price movement does not on its own establish a sustained trend. Investors will be watching subsequent sessions to see whether the 18,000 FCFA mark holds or whether the share retreats as trading continues.
Sources
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