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

marek-studzinski-Dzzs2EFckLk-unsplash
Can diaspora bonds plug Africa’s financing gap?
Read More »
junior-samson-ZY0eI-L-FBc-unsplash
World Bank flags debt risk despite Benin’s rapid growth
Read More »
pexels-langford-kwabena-2841822-28075371
Ghana signals rate cut as inflation hits three-year low
Read More »

Recent Politics

emmanuel-ikwuegbu-T4q6ZPpYjog-unsplash
Tinubu seeks to win back north at Buhari’s funeral
Read More »
pexels-ninthgrid-2149521550-30688912
Nigeria inflation falls again, raising rate cut hopes
Read More »
ivan-bandura-D5kMHGxgZMI-unsplash
Barrick vows to fight Mali gold seizure through legal channels
Read More »

Latest Posts

Latest news insights