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

Ahmed Shide, Ethiopia's Minister of Finance and Mme Eléonore Caroit, the French Minister for Europe and Foreign Affairs. Photo @ Ministry of Finance-Ethiopia.
Ethiopia seals landmark debt restructuring and €81.5mn French support
Read More »
Gold bars. Photo by Zlaťáky @ Unsplash
Africa’s collateral economy: How gold, cocoa and copper are reshaping frontier bonds
Read More »
Street market in Kaduna, Nigeria. Photo @Pexels
WAEMU sovereign borrowing shifts to longer-term bonds as issuance doubles
Read More »

Recent Politics

Herdsmen in Ethiopia. Photo by Hanna Grace @ Unsplash
Ethiopia accuses Eritrea of territorial occupation, demands troop withdrawal
Read More »
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 »

Latest Posts

Latest news insights