In order to strengthen securities liquidity and give depth to its market, which has been growing steadily since 2018, UMOA-Securities has embarked on a vast reform project. The institution that manages the public securities market proposes actions to give impetus to the secondary sector.

The public securities market (MTP) has become a valuable instrument for financing governments organized by UMOA-Securities. It will be equipped with a platform for trading and listing securities. Its objective is to boost its secondary sector, which has been growing rapidly since 2018. In reality, transactions taking place on the secondary market went from 800 billion FCFA in 2018 to more than 3,780 billion FCFA last year. During the first 10 months of 2022, these transactions reached 2,090 billion FCFA.

According to Abdoul Aziz Halidou, MTP Development Manager at UMOA-Titres, UMOA-Titres is working with the Central Bank (BCEAO) on the project of a platform that will allow supply and demand to be compared. For him, “it's about allowing actors to come to a platform to notify if they are sellers and buyers of this or that title. Everyone is instantly informed.”