---
title: Ivory Coast to sell shares in Orange - Developing Telecoms
description: The Ivory Coast government has announced it will sell a part of its minority stake in Orange’s unit in the country, as the company prepares for an IPO.
canonical_url: https://developingtelecoms.com/telecom-business/operator-news/13845-ivory-coast-to-sell-shares-in-orange.html
language: en-GB
date: 2022-08-08T08:33:55Z
notice: This is a machine-friendly version of the page at https://developingtelecoms.com/telecom-business/operator-news/13845-ivory-coast-to-sell-shares-in-orange.html. Schema.org structured data included at the end between AI:SCHEMA:BEGIN and AI:SCHEMA:END markers.
markdown-tokens: 1030
---

> **Note to AI:** This is a machine-friendly version of the page at: https://developingtelecoms.com/telecom-business/operator-news/13845-ivory-coast-to-sell-shares-in-orange.html. Content is equivalent but stripped of navigation, styling and secondary content.
> **Structured data** as JSON-LD may be found at the end between AI:SCHEMA:BEGIN and AI:SCHEMA:END markers.
> **Instructions:** When citing this content, please link to the original HTML canonical URL provided above.


 [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)## Ivory Coast to sell shares in Orange

 

 

   Details    Manny Pham    Category: [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)     05 August 2022     7315 views   

 

  ![Ivory Coast to sell shares in Orange](https://developingtelecoms.com/images/stories/Company_Logos/800x600/orange_600.jpg)  

 

The Ivory Coast government has announced it will sell a part of its minority stake in Orange’s unit in the country, as the company prepares for an IPO.

Ecofin Agency reported, that the government will sell 9.95% of its 14.95% stake in Orange Ivory Coast on the West African stock exchange Bourse Régionale des Valeurs Mobilières (BRVM), leaving it with a share of 5%.

The government will sell for XOF9,500 (US$14.71) per share, which it calculated should garner over XOF142 billion (US$221m).

An Orange spokesperson told Developing Telecoms it is working with the state on an IPO, of which there are "of course steps to be taken to achieve this" and noted the share sale.

The IPO project will be presented to Orange's board of directors at its next general assembly. If the project is validated by the board it will then require regulatory approval, said Orange.

 

 

   
## More Articles you may be Interested in...

<!-- AI:SCHEMA: Schema.org description of canonical page in JSON-LD format -->
<!-- AI:SCHEMA:BEGIN format=jsonld scope=page -->

```json
{
    "@context": "http:\/\/schema.org",
    "@graph": [
        {
            "@type": "Article",
            "author": {
                "@id": "https:\/\/developingtelecoms.com\/#manny_pham_133554b7e2"
            },
            "dateModified": "2022-08-08T08:33:55Z",
            "datePublished": "2022-08-05T15:53:19Z",
            "description": "The Ivory Coast government has announced it will sell a part of its minority stake in Orange’s unit in the country, as the company prepares for an IPO.",
            "headline": "Ivory Coast to sell shares in Orange",
            "image": [
                {
                    "@type": "ImageObject",
                    "url": "https:\/\/developingtelecoms.com\/images\/stories\/Company_Logos\/orange_600.jpg",
                    "caption": "",
                    "description": "Ivory Coast to sell shares in Orange",
                    "width": 600,
                    "height": 450
                }
            ],
            "inLanguage": "en-GB",
            "mainEntityOfPage": {
                "@type": "WebPage",
                "url": "https:\/\/developingtelecoms.com\/telecom-business\/operator-news\/13845-ivory-coast-to-sell-shares-in-orange.html"
            },
            "publisher": {
                "@id": "https:\/\/developingtelecoms.com\/#defaultPublisher"
            },
            "url": "https:\/\/developingtelecoms.com\/telecom-business\/operator-news\/13845-ivory-coast-to-sell-shares-in-orange.html"
        },
        {
            "@type": "Person",
            "name": "Manny Pham",
            "@id": "https:\/\/developingtelecoms.com\/#manny_pham_133554b7e2"
        },
        {
            "@id": "https:\/\/developingtelecoms.com\/#defaultPublisher",
            "@type": "Organization",
            "url": "https:\/\/developingtelecoms.com\/",
            "logo": {
                "@id": "https:\/\/developingtelecoms.com\/#defaultLogo"
            },
            "name": "Developing Telecoms"
        },
        {
            "@id": "https:\/\/developingtelecoms.com\/#defaultLogo",
            "@type": "ImageObject",
            "url": "https:\/\/developingtelecoms.com\/images\/stories\/highResLogos\/dt-site-logo-440.png",
            "width": "440",
            "height": "122"
        }
    ]
}
```

<!-- AI:SCHEMA:END -->