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Côte d’Ivoire dominates WAEMU debt market with $5.2bn raised in H1 2025

African woman with basket on her head. Photo by Ariel Nathan Ada Mbita @ Unsplash
African woman with load on her head. Photo by Ariel Nathan Ada Mbita @ Unsplash
  • Country accounts for 44% of regional issuance
  • IMF praises fiscal discipline and macroeconomic stability

COTONOU, BENIN – Côte d’Ivoire emerged as the dominant sovereign issuer in the West African Economic and Monetary Union (WAEMU) during the first half of 2025, raising 3,131.57 billion CFA francs ($5.2 billion) through regional bond markets, according to UMOA-Titres data published on July 4. The country accounted for 44% of total regional issuance, reflecting a sharp expansion in its domestic financing strategy.

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