Gabon selects Attijariwafa Bank to arrange a XAF100 bln fungible bond
Tuesday, 25 June 2019 15:19
The government of Gabon has chosen Attijari Securities Central Africa (ASCA), subsidiary of Moroccan Attijariwafa Bank, to arrange its public offering on the capital market in H2 2019, sources revealed.
The country seeks XAF100 billion with an interest rate of 6.25% for a 5-year period of maturity to interested investors. ASCA's involvement comes within the framework of a mandate to structure, centralize and place the public securities to be issued.
Gabon is also considering requesting a derogation from the Central African Banking Commission, so that the advances to be granted by commercial banks are weighed at zero percent.
Idriss Linge
Live News
-
Ghana Partners with eLearning Africa to Boost Digital Learning Nationwide
18:31
-
Port of Limbé: Cameroon Bets on Turkish Yenigün, a Controversial Partner in a Risky BOT Deal
18:11
-
Ghana Launches Training Program to Boost Cancer Care Across Africa
17:45
-
DR Congo: Kamoa-Kakula Copper Smelter Secures Full Production Sales
17:41
-
African Liquefied Natural Gas Sector Fuels Asian Shipbuilding
17:37
-
CEMAC Inflation Slows, but Cameroon Keeps Prices High in Q1 2025
15:33
-
Cameroon Targets CFA450 Billion in Non-Tax Revenue by 2028
08:49
-
Cameroon Unveils AI Plan to Create 12,000 Jobs by 2040
08:41
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...
• Qatar Airways and Kenya Airways establish strategic agreement, introducing a third daily flight be...
• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boo...
• EY is preparing to leave Francophone Sub-Saharan Africa by 2026• The exit could unlock $500 m...
• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....
• Ghana signs a deal with eLearning Africa to expand digital learning access across the country.• The partnership focuses on deploying modern digital...
Ghana launches the Oncology Nurse Leadership Program (ONLEP) to train specialized oncology nurses from seven African countries. The five-year...
Ivanhoe Mines signs deal covering 100% of Kamoa-Kakula smelter’s copper output. The smelter will process up to 500,000 tonnes annually, starting at...
African gas projects drive significant contracts for Asian shipbuilders, especially for Floating Liquefied Natural Gas (FLNG) units. South Korean...
Kolmanskop offers a haunting blend of lost wealth, colonial history, and the unstoppable force of nature. Located just a few kilometers inland from...
Located about 40 kilometers from Cape Town’s city center, Boulders Beach in Simon’s Town is one of the Cape Peninsula’s most iconic destinations. This...