CRRH-UEMOA Social Bond Debuts on Luxembourg Green Exchange in Dual Listing Milestone

CRRH-UEMOA Social Bond Debuts on Luxembourg Green Exchange in Dual Listing Milestone

(IN BRIEF) CRRH-UEMOA, the Luxembourg Stock Exchange and BRVM have celebrated the dual listing of a FCFA 60 billion social bond during a Ring the Bell ceremony in Luxembourg. Displayed on the Luxembourg Green Exchange, the bond is the first social bond from a WAEMU issuer to appear on LGX and the first dual listing between LuxSE and BRVM since their 2022 cooperation agreement. Dedicated entirely to financing affordable housing across West Africa, the transaction highlights growing cross-border collaboration and the role of capital markets in delivering measurable social impact and advancing sustainable finance in the region.

(PRESS RELEASE) LUXEMBOURG, 12-Jan-2026 — /EuropaWire/ — Luxembourg Stock Exchange, BRVM and CRRH-UEMOA have marked a milestone in African sustainable finance with the dual listing of a pioneering social bond during a Ring the Bell ceremony in Luxembourg. The event celebrated the admission of CRRH-UEMOA’s inaugural FCFA 60 billion social bond (approximately EUR 91 million) to both the Luxembourg Stock Exchange (LuxSE) and the Bourse Régionale des Valeurs Mobilières (BRVM), with the instrument displayed on the Luxembourg Green Exchange (LGX).

The ceremony, the first Ring the Bell event hosted by LuxSE in 2026, brought together senior representatives from CRRH-UEMOA, LuxSE and BRVM to highlight a landmark transaction for West African capital markets. The bond represents two firsts: it is the first social bond issued by an institution from the West African Economic and Monetary Union (WAEMU) to be displayed on LGX, and the first security to be dual-listed on LuxSE and BRVM since the two exchanges formalised their cooperation through a Memorandum of Understanding in 2022.

Julie Becker, Chief Executive Officer of LuxSE, said the listing underlines Luxembourg’s commitment to supporting African issuers seeking access to international capital markets. She noted that the dual listing demonstrates how collaboration between European and African exchanges can accelerate the development of sustainable finance, while enabling issuers to raise funding in local currencies and increase their global visibility.

Founded in 2010 and headquartered in Lomé, Togo, CRRH-UEMOA is a regional refinancing institution dedicated to expanding access to mortgage finance across WAEMU member states. By providing long-term refinancing to local banks, the institution plays a central role in supporting affordable housing for low- and middle-income households throughout the region.

The bond, which was first listed on BRVM in September 2025, is the first social bond ever admitted to the regional exchange. Proceeds are exclusively earmarked for refinancing residential mortgage portfolios originated by WAEMU banks, directly supporting affordable housing and contributing to several United Nations Sustainable Development Goals, including sustainable cities and communities and reduced inequalities.

Yedau Ogoundele, Chief Executive Officer of CRRH-UEMOA, said the dual listing reflects the institution’s commitment to delivering measurable social impact. He emphasised that the transaction goes beyond capital raising, helping to connect regional and international markets while opening new pathways for housing finance and inclusive economic development across West Africa.

The ceremony was also attended by Edoh Kossi Amenounve, Chief Executive Officer of BRVM, which serves the eight WAEMU countries of Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo. He highlighted the listing as a concrete outcome of the cooperation agreement signed with LuxSE, expressing hope that the initiative will increase international investor awareness and participation in the WAEMU market.

In recent years, LuxSE has intensified its focus on supporting sustainable finance in emerging markets. Through strategic partnerships with local exchanges and the development of platforms such as LGX, the exchange aims to strengthen transparency, credibility and investor confidence. The dual listing of CRRH-UEMOA’s social bond illustrates how cross-border collaboration can broaden access to capital for African issuers while advancing social and sustainable finance with real-world impact.

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SOURCE: Luxembourg Stock Exchange