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

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Nigeria oil hopes fade as Ghana and Kenya face mounting war-driven inflation
Read More »
A bustling outdoor market in Africa with people engaged in trade and colorful textiles. Photo by Mad Knoxx Deluxe @ Pexels.
Rates hike in Botswana: why the real economic problem isn't inflation
Read More »
Reserve Bank Governor Lesetja Kganyago. Photo @ Facebook/Reserve Bank of SA
South Africa’s reform gains face global debt storm and escalating Middle East conflict
Read More »

Recent Politics

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 »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Could Uganda’s sovereignty law become Africa’s next democratic flashpoint?
Read More »
The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »

Latest Posts

Latest news insights