For the 5th time in a row since 2018, the Veto Services Group (GVS—S.A.)
accompanied by SGI, AFRICABOURSE made a foray into the money market
subregional through the issuance of cash notes.
This 5th issue representing the first installment of a 4 billion euro program
However, it is somewhat different from the previous ones. Indeed, it is the first
Issue that the company makes at an interest rate of 6.5% gross, the lowest it has
obtained in recent years (from 7.5% to 6.5%) thanks to the confidence that she
inspires investors but also the expertise of SGI AFRICABOURSE. It's also the
first GVS broadcast based on a BCEAO ranking agreement.
Thus, for the first installment of the third program, a total amount of 2
billions of CFA francs were mobilized during the period from 15 to 26 December 2022
i.e. 800 securities with a nominal value of 5 million CFA francs, with a maturity of 24 months with a
interest rate of 6.5% gross per year.
Very active on the Beninese market in the supply of veterinary drugs and
of zootechnical inputs, GVS S.A will inject these resources into its activities for
finance its short-term financing needs.
The operation was approved by the Central Bank of West African States
(BCEAO) under the identification number: B301051B3 BT 6.50% 12-2022.
Through the success of this operation, SGI AFRICABOURSE confirms its position
as the preferred contact person for businesses in Benin, for support and
mobilization of financial resources under the best market conditions.

About GVS — SA
A limited company with a capital of 512.42 million CFA francs, the Veto Services Group
is active in the fields of import and distribution of medicines
veterinary and zootechnical inputs, animal feed production,
as well as the processing and storage of products of animal origin and
plant in the Republic of Benin.
Benefiting from good financial health, GVS SA had at 31 December 2021 a
Total balance sheet of 10.21 billion FCFA and equity worth 3.81 billion
of FCFA, against 3.32 billion in 2019.
Also for the year 2021, GVS achieved a turnover of 15.76
Billions of FCFA, for a net profit of 669 million FCFA, up annually
by 35.25%.
For its CEO, Mr. Rémi Cossi CODJIA, the prospects are very high
promising. The trend is also expected to continue in the years to come.

About AFRICABOURSE

SGI AFRICABOURSE S.A is a Management and Intermediation Company (SGI) (company
(stock exchange) with a capital of 1,000,000,000 FCFA, specializing in services
investment and engineering, through brokerage, placement, arrangement
fund-raising operations on the WAEMU capital market. She is
present in Ivory Coast, Togo and Benin.
It is approved by the UEMOA Financial Markets Authority (AMF) under the number SGI-
021/2005 and currently manages over 250 billion in assets.
AFRICABOURSE is with three 03 other companies (FINANCIA; AFRICABOURSE ASSET)
MANAGEMENT and OMNIUM DE GESTION ET D'INFORMATIQUE), a subsidiary of the holding
FINANCIA GROUP with a capital of FCFA 2,007,660.000.

Phone: +229 60 29 73 73
E-Mail: [email protected]