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Côte d’Ivoire Secures $137M as Rising Borrowing Costs Test Regional Markets

Abidjan, Cote D’Ivoire. © Pexels
  •  Analysis: Côte d’Ivoire leads WAMU market activity but faces growing debt costs
  • Experts warn high interest rates could push issuers to seek alternatives internationally

Abidjan, Côte d’Ivoire’s – Côte d’Ivoire’s latest successful fundraising on the West African Monetary Union (WAMU) regional financial market underscores the country’s position as a reliable borrower in the bloc. The operation, announced Wednesday, raised $137 million to finance its current budget, marking another milestone in a year where Côte d’Ivoire has secured more than $3 billion in funding.

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