As part of its corporate social responsibility (CSR), the African Society for Financial Engineering and Intermediation (SA2IF), in collaboration with the Regional Securities Exchange (BRVM), organized a training session on the fundamentals of financial market for the benefit of men and women of the media, on Friday December 6, 2024, in Ouagadougou.
The African Society for Financial Engineering and Intermediation (SA2IF) wants to contribute to the financial education of populations, in this case education about the financial market. To do this, she is committed to involving the media. Thus, this management and intermediation company (SGI), in collaboration with the Regional Securities Exchange (BRVM), organized a training session on the fundamentals of the financial market, as well as the opportunities it offers, benefit of around twenty Burkinabè journalists.
During this session, participants were treated to three communications. The first was presented by the Chief Executive Officer (CEO) of SA2IF, Dr Constantin Dabiré. He spoke to journalists about the basic concepts of the financial and stock market, the importance and role of financial markets in the economy, the main financial instruments (shares, bonds, etc.) and the players in the financial market.
The market constitutes a powerful lever for mobilizing resources for financing projects structuring States and businesses, but also an instrument for financial investment and improving the income of populations, indicated Dr Dabiré. Unfortunately, these opportunities offered by the financial market are unknown to the majority of the general public.
The second presentation was given by the director of the national branch of the BRVM, Davy Soubeiga. He focused on the place and role of the BRVM in the regional financial market of the UEMOA area, its structuring and functioning, its main activities, as well as its evolution since its creation in 1996 and its contribution to the financing of economies of the region.
The third presentation focused on the basic elements of financial journalism, the importance of this type of journalism, as well as how journalists can cover financial markets. This communication was presented by Mahamadi Sebogo, journalist and head of the Economy and Finance Desk of the daily Sidwaya.
Bring the media to bear
The CEO of SA2IF, Dr Constantin Dabiré, indicated that his company organized this training in view of the central role of the media in educating, informing and raising awareness among populations on development issues. He reiterated the availability of SA2IF to support journalists with their information and capacity building needs on the financial markets.
For the director of the national branch of the BRVM, Davy Soubeiga, the interest of this training of information professionals on financial markets no longer needs to be demonstrated; the better it comes at the right time, given the contribution of the regional financial market to the mobilization of resources for financing the region’s economies. This session has the advantage of allowing journalists to have the basics to better analyze market indicators and to better inform the population, added Mr Soubeiga.
In the same vein, the economic and financial journalist, Mahamadi Sebogo, underlined the need to strengthen the capacities of men and women of the media on a theme as essential as that relating to the financial market which participates in the endogenous financing of development policies and projects. socio-economic of countries.
“It’s a technical question that requires prior knowledge. Journalists cannot provide reliable, quality information on the financial markets if they themselves do not master the subject they are covering. “, he stressed. Mr Sebogo welcomed this initiative from SA2IF which has chosen to invest in the training of journalists, and therefore in the financial education of the population.
Hubert Bado