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
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Nigeria-Ghana onion trade resumed after dispute over distribution rights Authorities intervened, securing release of seized Nigerian onion...
Morocco opens probe into rice imports after sharp surge Imports rose over 100% as drought slashed domestic production Authorities may impose duties or...
Ivanhoe reports first copper anodes from Kamoa-Kakula smelter startup Mine produced over 71,000 tons of copper in Q1 Company cut 2026 output forecast,...
Koulou Gold raised funds to expand and explore Ivorian projects Major investors boosted stakes, backing portfolio and future exploration Fundraising...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan. The event features 99 performances across market and...
French lawmakers approve colonial-era restitution framework unanimously Law enables returns by decree, replacing case-by-case...