Africabourse Asset Management
Africabourse Asset Management is a Benin-based, AMF-UMOA-regulated UCITS management company running four UEMOA mutual funds (bond, equity, diversified) with 48 billion FCFA in AUM, serving individual, enterprise, and institutional investors across Benin, Côte d'Ivoire, and Togo as part of FINANCIA GROUP.
- Company typePrivate
- Founded2012
- HeadquartersCotonou, Benin
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Africabourse Asset Management does
Africabourse Asset Management is a Cotonou, Benin-based UCITS (OPCVM) management company regulated by AMF-UMOA under license No. SG/2012-03, operating as a subsidiary of FINANCIA GROUP since 2020. The firm manages a four-fund FCP (Fonds Communs de Placement) lineup — two bond funds (FCP AAM OBLIGATIS and FCP AAM SERENITIS), one diversified fund (FCP AAM EPARGNE CROISSANCE), and one equity fund (FCP AAM EPARGNE ACTION) — with all four reportedly ranking in the top 5 of their respective UEMOA categories and 48 billion FCFA in assets under management.
The business model is fee-based asset management: revenue is generated primarily through management fees (0.75%-2.0% depending on fund) plus entry/exit fees (0.5%-1.75%) on FCP subscriptions. Distribution operates through a multi-channel structure combining the affiliated SGI AFRICABOURSE brokerage network and offices in Côte d'Ivoire, Togo, and Benin, over 30 institutional partners spanning banks, insurance companies, pension funds, government agencies, and postal services, and a self-serve web and mobile application for retail and enterprise clients.
The company serves three primary customer segments — individual/retail investors, enterprises seeking treasury and employee savings management, and institutional investors including insurance and pension funds. With 11-50 employees, capital of 300 million FCFA, and a 10+ year operating history, Africabourse Asset Management occupies a regulated but sub-scale position in the WAEMU asset management market, differentiated by its UCITS license, FINANCIA GROUP ecosystem integration, and category-leading fund performance.
Africabourse Asset Management firmographics
Firmographics- Name
- Africabourse Asset Management
- Legal name
- AFRICABOURSE ASSET MANAGEMENT
- Website
- https://africabourse-am.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Africabourse Asset Management is a Benin-based, AMF-UMOA-regulated UCITS management company running four UEMOA mutual funds (bond, equity, diversified) with 48 billion FCFA in AUM, serving individual, enterprise, and institutional investors across Benin, Côte d'Ivoire, and Togo as part of FINANCIA GROUP.
- Ownership category
- akta.pro rank
Where Africabourse Asset Management is headquartered
LocationHeadquarters
- HQ city
- Cotonou
- HQ country
- Benin
Offices1 record
Markets served
Africabourse Asset Management business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- UCITS/FCP Management Fees: Africabourse Asset Management generates revenue through management fees charged on its FCP (Fonds Communs de Placement) mutual fund products. The company manages four UCITS funds: FCP AAM SERENITIS (bond fund), FCP AAM OBLIGATIS (bond fund), FCP AAM EPARGNE ACTION (equity fund), and FCP AAM EPARGNE CROISSANCE (diversified fund). Management fees range from 0.75% to 2% depending on the fund.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | FCP AAM SERENITIS - Bond fund with maximum 0.5% entry/exit fees and 1% maximum management fee |
| Subscription | Pay-as-you-go | FCP AAM OBLIGATIS - Bond fund with maximum 0.5% entry/exit fees and 0.75% maximum management fee |
| Subscription | Pay-as-you-go | FCP AAM EPARGNE ACTION - Equity fund with maximum 1.75% entry/exit fees and 2% maximum management fee |
| Subscription | Pay-as-you-go | FCP AAM EPARGNE CROISSANCE - Diversified fund with maximum 1.75% entry/exit fees and 2% maximum management fee |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Africabourse Asset Management product offering
Product offeringCore offering
Africabourse Asset Management is a UCITS Management Company regulated by AMF-UMOA that manages and distributes four FCP mutual fund products (two bond funds, one diversified fund, one equity fund) for individual, enterprise, and institutional investors across the UEMOA region. The company earns management fees ranging from 0.75% to 2% on approximately 48 billion FCFA in assets under management, distributing through SGI AFRICABOURSE, institutional partners, and digital platforms.
Product overview
Africabourse Asset Management operates as a UCITS Management Company (SGO) offering a portfolio of four mutual funds (FCP - Fonds Communs de Placement) regulated by AMF-UMOA. The product lineup consists of two bond funds (FCP AAM OBLIGATIS and FCP AAM SERENITIS), one diversified fund (FCP AAM EPARGNE CROISSANCE), and one equity fund (FCP AAM EPARGNE ACTION). The company also provides a mobile application for client portfolio management. All funds are distributed through the SGI AFRICABOURSE AND PARTNERS network across UEMOA countries.
Differentiator
Problem solved
Functional benefit
Products and services
- FCP AAM EPARGNE ACTION Equity mutual fund investing exclusively in stocks listed on the BRVM (Bourse Régionale des Valeurs Mobilières). Designed for investors seeking maximum returns willing to invest for the long term (5+ years recommended). Maximum entry fees 1.75%, maximum exit fees 1.75%, maximum management fees 2%.
- FCP AAM EPARGNE CROISSANCE Diversified mutual fund allocating investments across stocks, bonds, and money market instruments using dynamic asset allocation to balance profitability and risk. Targets medium and long-term investors (5+ years recommended). Maximum entry fees 1.75%, maximum exit fees 1.75%, maximum management fees 2%.
- FCP AAM SERENITIS Bond fund investing in debt securities without restriction on maturity. Targets investors seeking risk-free, long-term assets. Ranked 1st among WAEMU bond funds in 2024. Maximum entry fees 0.5%, maximum exit fees 0.5%, maximum management fees 1%. Minimum subscription: one part.
- FCP AAM OBLIGATIS Bond mutual fund investing in debt securities including government bonds, corporate bonds, and money market instruments. Designed for risk-averse investors seeking stable, long-term returns. Maximum entry fees 0.5%, maximum exit fees 0.5%, maximum management fees 0.75%. No minimum subscription.
Quantifiable outcome
- FCP AAM EPARGNE ACTION achieved 15.92% performance in 2024, ranking among the best equity funds in UEMOA
- +4 more outcomes
Companies that use Africabourse Asset Management
Customer profileNamed customers14 records
Segments3 records
Ideal customer profiles3 records
Africabourse Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Africabourse Asset Management partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core and minor.
- FINANCIA GROUPcoreFINANCIA GROUP is the parent company of AFRICABOURSE ASSET MANAGEMENT. The company was integrated into FINANCIA GROUP in 2020, providing institutional backing and alignment with a broader financial services group.
- SGI AFRICABOURSE SAcoreSGI AFRICABOURSE SA is a specialized financial institution and member of the Regional Stock Exchange (BRVM). It serves as the main trading and intermediation partner for the asset management company.
- FINANCIA BENINcoreFINANCIA BENIN is a microfinance institution specializing in savings activities, credit, money transfers, and commitment by signature. Serves as distribution partner.
- FINANCIA CÔTE D'IVOIREcoreFINANCIA CÔTE D'IVOIRE provides innovative financial services and high value-added services to the Ivorian population through new savings and financing methods.
- SA2IFminorSA2IF is a Burkinabè company specializing in asset management and financial intermediation.
- ATLANTIQUE ASSURANCES BENIN IARDTminorLife insurance company listed as a partner and customer of Africabourse Asset Management.
- CAISSE DES DEPOTS ET CONSIGNATIONS DU BENINcoreMajor institutional partner and customer of Africabourse Asset Management for fund distribution.
- CAISSE DES DEPOTS ET CONSIGNATIONS CIcoreMajor institutional partner and customer in Côte d'Ivoire.
- CAISSE NATIONALE DE SECURITE SOCIALEcoreNational social security fund as institutional partner and customer.
- LA POSTE DU BENINminorNational postal service serving as distribution partner.
- NSIA VIE ASSURANCES BENINminorLife insurance company, subsidiary of NSIA Group, serving as distribution partner.
- SUNU ASSURANCES VIEminorLife insurance company listed as a partner.
- GNA ASSURANCEminorInsurance company listed as a partner.
- LOTERIE NATIONALE DU BENINminorNational lottery serving as institutional partner.
- LOTERIE NATIONALE DU TOGOminorNational lottery serving as institutional partner.
- PORT AUTONOME DE COTONOUminorPort authority serving as institutional partner.
- TOGOCOMminorTelecommunications company listed as a partner.
- MAC AFRICAN SGIminorManagement and intermediation company listed as a partner.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Africabourse Asset Management competitors and assessment
Company assessmentDirect peers
- SGI African Securities: Société de Gestion et d'Intermédiation operating in the WAEMU zone with BRVM intermediation and asset management services. Comparable mid-scale WAEMU player serving similar institutional and retail segments.
- Atlas Capital Markets: WAEMU-based financial services group providing brokerage, asset management, and investment services across West Africa. Direct peer in OPCVM management and BRVM intermediation.
- NSIA Asset Management: NSIA Group's asset management subsidiary operating across West Africa and Côte d'Ivoire. Directly comparable as a WAEMU-licensed fund manager leveraging insurance/banking group distribution — structurally similar to Africabourse AM's FINANCIA GROUP setup.
- BOA Capital (Bank of Africa): Bank of Africa group's investment banking and asset management arm, with presence across WAEMU. Comparable as a regionally licensed asset manager backed by a Pan-African banking group, distributing funds through bank networks.
- Coris Asset Management: Asset management arm of Coris Group (Burkina Faso), managing OPCVMs across the WAEMU region. Direct competitor offering mutual fund products to similar retail and institutional investors in the same regulatory perimeter.
- CGF Bourse: WAEMU-based brokerage and asset management firm (Compagnie de Gestion Financière). Directly competes in OPCVM management and BRVM brokerage services in the same regulatory region.
Broad incumbents
- Société Générale Capital Securities (West Africa): Investment banking and securities arm of Société Générale across West Africa. Larger incumbent offering competing asset management and BRVM intermediation as part of a global banking group's portfolio.
Regional players
- UBA Capital: Pan-African investment banking and asset management arm of United Bank for Africa, with presence across West Africa. Larger regional player offering competing asset management products via a banking distribution network.
- SIFCA Asset Management (SIFCA Group affiliated): West African investment vehicle associated with the SIFCA agro-industrial group. Regional institutional investor and emerging asset allocator in WAEMU-domiciled funds, competing for the institutional segment Africabourse AM serves.
- Oragroup Securities: Securities and asset management arm of Oragroup, operating across WAEMU and CEMAC. Larger regional competitor with broader geographic footprint and similar institutional distribution model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Africabourse Asset Management social profiles
Digital presenceAfricabourse Asset Management compliance and trust
Trust signalCompliance2 records
Africabourse Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Africabourse Asset Management leadership team
Management profileNumber of profiles
Profiles7 records
Africabourse Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Africabourse Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Africabourse Asset Management
What does Africabourse Asset Management do?
Africabourse Asset Management is a UCITS Management Company regulated by AMF-UMOA that manages and distributes four FCP mutual fund products (two bond funds, one diversified fund, one equity fund) for individual, enterprise, and institutional investors across the UEMOA region. The company earns management fees ranging from 0.75% to 2% on approximately 48 billion FCFA in assets under management, distributing through SGI AFRICABOURSE, institutional partners, and digital platforms.
Is Africabourse Asset Management a public or private company?
Africabourse Asset Management is a private company. It is classified as corporate owned and is currently operating.
When was Africabourse Asset Management founded?
Africabourse Asset Management was founded in 2012. It employs 51 to 100 people.
Where is Africabourse Asset Management based?
Africabourse Asset Management is headquartered in Cotonou, Benin.
How does Africabourse Asset Management make money?
One revenue line is on record: UCITS/FCP Management Fees.
Who are Africabourse Asset Management's main competitors?
Direct peers on record are SGI African Securities, Atlas Capital Markets, NSIA Asset Management, BOA Capital (Bank of Africa), Coris Asset Management and CGF Bourse. Société Générale Capital Securities (West Africa) is listed as a broad incumbent. Regional players are UBA Capital, SIFCA Asset Management (SIFCA Group affiliated) and Oragroup Securities.
Does Africabourse Asset Management have an API?
No public API is recorded for Africabourse Asset Management.