Search

Côte d’Ivoire Raises $185 Million on Regional Financial Market

Subscriber only Subscriber only
  • Treasury bills and notes attract strong demand, surpassing initial targets
  • Local investors contributed 86% of the total funds raised

Abidjan, Côte d’Ivoire – Côte d’Ivoire successfully raised $185 million on the West African Monetary Union (WAMU) regional financial market, surpassing its initial target of $169 million. The operation, which included both treasury bills and notes, achieved a coverage rate of 118.68%, edging just above $200 million, with $184 million retained, according to the Ministry of Finance and Budget.

You need an active subscription to continue reading this article.

Recent Business

Woman selling fruit in Tanzanian Market. Photo by David Cashbaugh @ Unsplash
Amid tariff wars, Africa seals $48bn to boost intra-trade
Read More »
Photo by Mwanje Henry @ Unsplash
Uganda’s pension giant posts record $7.4bn assets
Read More »
Gold bars. Photo by Jingming Pan @ Unsplash
Can Ghana’s gold refinery plan deliver real value?
Read More »

Recent Politics

Nairobi, Kenya © Unsplash
Kenya-Somalia tensions threaten vital khat trade
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Ivory Coast vote: Is Ouattara headed for a one-man race?
Read More »
Loading of maritime containers aboard vessels in a seaport. Photo @ Unsplash
Is Ethiopia’s sea access dispute with Eritrea a path to conflict?
Read More »

Latest Posts

Latest news insights