Search

Côte d’Ivoire Secures Record-Breaking $740M Bond on WAEMU Market

Breaking News
© Allen Dreyfus
  • Largest bond issue ever completed on the WAEMU regional debt market
  • Investors oversubscribe bond exchange transaction, surpassing initial targets

Abidjan, Côte d’Ivoire – Côte d’Ivoire has set a new benchmark on the West African Economic and Monetary Union (WAEMU) capital market, successfully completing the largest bond issue ever recorded in the region. The Ministry of Finance announced on Monday that the government raised more than 450 billion CFA francs ($740 million), surpassing initial expectations.

 

Recent Business

Fibre optic cables. Photo by Albert Stoynov on Unsplash
Africa builds land-based data backbone linking Red Sea to Nile Basin
Read More »
Cocoa Farmer. © Pexels
Is West Africa’s cocoa cash crunch setting up the next global chocolate shock?
Read More »
Underground gold mine. Photo by April Vasquez @ Unsplash
South Africa junior miner Upward Spiral launches new East Rand gold project
Read More »

Recent Politics

Kenya youth protest @ Unsplash
Kenya church attack on ex–deputy president exposes security rifts
Read More »
Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
Read More »
Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
Read More »

Latest Posts

Latest news insights