Search

Ivory Coast leads Africa return to bond market

  • Ivory Coast set to issue the first Eurobond in sub-Saharan Africa following atwo-year pause in the market as the Fed hiked rates
  • The bond issuance signals strong investor confidence in Ivory Coast’s economy, with expectations for robust growth in 2024.

 

Ivory Coast is ready to issue its first Eurobond after a nearly two-year break in regional market activity, said President Alassane Ouattara in Abidjan on Monday. This initiativesignifies Ivory Coast’s re-entry into international capital markets and represents a robust endorsement from global investors in the West African nation’s economy.

Recent Business

Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
Ghana’s cocoa bond gamble: can Africa finance commodities without foreign banks?
Read More »
Meknes, Morocco Photo @ Unsplash
Morocco’s startup gamble challenges Africa’s private-sector innovation orthodoxy
Read More »
Kenya president William Ruto and Ghanaian leader John Mahama at the summit. Photo @John Mahama/Facebook
Why Africa pays more to borrow despite lower infrastructure default rates
Read More »

Recent Politics

Uganda opposition leader Robert Kyagulanyi, alias Bobi Wine. Photo: National Unity Platform/Facebook
What shapes the politics of Bobi Wine, Uganda’s “Ghetto President”
Read More »
South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Why South Africans are far less tolerant of migrants than before
Read More »
French President Emmanuel Macron and Prime Minister Abiy Ahmed in Ethiopia. Photo @ Abiy Ahmed/X
Macron’s Ethiopia pivot deepens Horn tensions as Addis pushes controversial Red Sea ambitions
Read More »

Latest Posts

Latest news insights