Search

Burkina Faso Faces Rising Yields as Investor Caution Grows Over Fiscal Risks

Allen dreyfus Logo
© Allen Dreyfus
  • April 9 bond sale clears at 9.54% on 1-year paper, up 111 basis points
  • Treasury directive spooks market, raises concerns over financial governance

Cotonou, Benin – Burkina Faso raised CFAF 40.35 billion ($67.6 million) on the WAEMU regional debt market Wednesday, but at sharply higher yields, as investors grow increasingly wary of the country’s fiscal trajectory and political intervention in financial markets.

You need an active subscription to continue reading this article.

Recent Business

City of Kigali, Rwanda. Photo by Jean Claude Akarikumutima @ Unsplash
Rwanda’s banks hit $8bn as borrowers struggle under high interest rates
Read More »
A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
Nigerian fintech Moniepoint raises $200mn to expand footprint across Africa
Read More »
Roundabout in Yaounde, Cameroon @ Pexels
Cameroon hires Bloomfield for first CFA franc sovereign rating
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya faces political uncertainty after Raila Odinga’s death
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s opposition weakens as governors, lawmakers flock to ruling party
Read More »
Meknes, Morocco Photo @ Unsplash
Morocco’s Gen Z protests reignite nationwide for reform
Read More »

Latest Posts

Latest news insights