Ivory Coast’s Orange subsidiary listed on West Africa regional bourse

An Ivorian subsidiary of French telecoms company Orange was listed on West Africa’s regional bourse on Friday, following a successful initial public offering earlier this month.

Orange Cote d’Ivoire launched an initial public offering on Dec. 5. Stock worth 140.98 billion CFA francs ($215 million) was sold at 9,500 CFA francs per share to private investors and 7,600 CFA francs per share to Orange Cote d’Ivoire employees.