Search

Burkina Faso raises $150mn in oversubscribed WAEMU bond sale

A busy street of Burkina Faso. Photo by MIGUEL BAIXAULI @ Unsplash
A busy street of Burkina Faso. Photo by MIGUEL BAIXAULI @ Unsplash
  • Burkina Faso raises $150m, nearly double its WAEMU market target
  • Local investor participation strengthens despite security pressures

 

OUAGADOUGOU, BURKINA FASOBurkina Faso has raised $150 million on the WAEMU regional debt market, sharply exceeding its target and underscoring strong investor demand for its sovereign paper.

Burkina Faso overshot its initial target of $83 million by a wide margin, achieving an oversubscription rate of 186.33%, according to an official announcement by the treasury.

Recent Business

Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Ethiopia rolls out automated interbank FX platform to deepen market transparency
Read More »
A busy street of Burkina Faso. Photo by MIGUEL BAIXAULI @ Unsplash
Burkina Faso raises $150mn in oversubscribed WAEMU bond sale
Read More »
Aerial view of Nairobi, Kenya CBD at night. Photo by Click Smith @ Unsplash
South Africa's Nedbank moves into East Africa with $5bn NCBA takeover bid
Read More »

Recent Politics

Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »

Latest Posts

Latest news insights