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Burkina Faso Raises $63m Days After Ordering Bank Deposit Seizures

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Brandon Orion Mensah

Brandon Mensah tracks Africa’s markets, uncovering the forces shaping investment, policy, and financial trends.
  • Treasury accepts CFAF 38.5bn in sixth bond auction of 2024
  • Investors demand higher yields as fiscal risks mount

Burkina Faso raised CFAF 38.5 billion (around $63 million) on the regional debt market on March 26, just days after the military-led government ordered the requisition of public sector term deposits held in commercial banks.

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