Search

Ivory Coast raises $260m in first post-Eurobond local sale

Allen dreyfus Logo
© Allen Dreyfus
  • Over 75% of funds raised came from a 7-year bond at sub-7% yield
  • Total regional debt issuance this year tops $2.8bn

Ivory Coast raised nearly XOF 154 billion ($259.6 million) Tuesday in its first domestic debt auction since launching its $1.75 billion Eurobond and a landmark XOF 220 billion FCFA-denominated international bond with a three-year maturity, placed primarily with European investors.

Recent Business

Bustling street scene in Fes Medina, Morocco. Photo by Abderrahmane Habibi @ Pexels
Morocco’s inflation rebound: why energy shocks are reshaping a fragile price recovery
Read More »
GoldBod CEO Sammy Gyamfi (far right) and others inspect the first batch of locally refined gold at the Gold Coast Refinery. Photo by GoldBod
How Ghana’s GoldBod turned a $487mn surplus into a blueprint for reclaiming Africa’s gold wealth
Read More »
Abiy Ahmed Ali, Prime Minister of Ethiopia. Photo @Abiy Ahmed Ali/X
Why Africa’s AI future now runs through Ethiopia and what Abiy Ahmed’s new AU role means
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights