Search

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

© Pixabay
  • 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.

You need an active subscription to continue reading this article.

Recent Business

Oil drilling rig Photo Marian Lupan @ Unsplash
Gabon courts global investors to revive oil and gas sector
Read More »
Handweaving cotton textiles by Wawoto Kacel. Photo Chris Lutanga & ITC @ Unsplash
Can Africa survive without AGOA as US pulls back?
Read More »
A dusty road in a neighbourhood of Yaounde, Cameroon. Photo by Ariel Nathan Ada @ Unsplash
AfDB, Cameroon sign $160mn loan deal to transform conflict-hit north
Read More »

Recent Politics

storyzangu-hub-r5Cys_qCFrU-unsplash
Kenya’s Gen Z protests spark wave of youth uprisings in Africa
Read More »
Gold mine. Photo by István Mihály @ Pixabay
Barrick CEO Bristow exits after $1bn Mali mine dispute
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Malawi’s Mutharika victory fuels Kenya’s one-term Ruto campaign
Read More »

Latest Posts

Latest news insights