Search

Côte d’Ivoire Raises CFAF 454 Billion in Record WAEMU Debt Auction

© Pexels
  • Issue oversubscribed at 105.6 % despite modest rise in yields
  • Abidjan retains credibility premium over regional peers Mali and Burkina Faso

Abidjan ,Côte d’Ivoire – Côte d’Ivoire’s Treasury collected CFAF 454.2 billion (€740 million) on 22 April, completing the largest single-day fundraising in its history on the West African Economic and Monetary Union market. The operation, which had sought CFAF 430 billion, drew CFAF 530 billion in bids and was fully absorbed, data from UMOA-Titres show.

Recent Business

Worker installing solar panels on a roof. Photo by Bill Mead @ Unsplash
Morocco seals deal to push 305 megawatts Noor Atlas solar project
Read More »
Oil lifting process. Photo by J.f Manzanero @ Unsplash
Zambia shields fuel supply as Middle East crisis drives oil price surge
Read More »
Tin discovery at raw state. Photo by Ivan Ivanovič @ Unsplash
Rome Resources high-grade tin discovery in Congo signals supply hopes
Read More »

Recent Politics

A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »

Latest Posts

Latest news insights