Thanks to the robust evolution of its main indicators over four successive years, in 2016 the BRVM joined the stock exchanges of Nigeria, Morocco, Tunisia, Kenya and Mauritius in the MSCI Frontier Market Index. This performance reflects the dynamism of stock market activity in UEMOA in 2021, notwithstanding the international disruption of economic activity caused by the Covid-19 pandemic and the regional impact of the socio-political crises in Mali and Burkina Faso. In terms of variation in the market, the best performance in the equity market was achieved by the shares of Nestlé Côte d’Ivoire, whose price increased by a factor of 14 in one year, rising from CFA320 ($0.55) at the end of 2020 to CFA4605 ($7.92) at the end of 2021.