Côte d’Ivoire successfully raised on February 11 a total of CFA60 billion (about $100 million) on the regional securities market through the issue of 12-month treasury bills (BATs) and 36-month fungible treasury bonds (OTAs). Initial target was CFA55 billion (about $31 million).
The country mobilized CFA22 billion (about $36.5 million) with BATs while CFA37.7 billion came from OATs making the exact amount of CFA59.7 billion.
On January 28, Côte d’Ivoire raised CFA60.85 billion on the market (about $102 million) with the issue of 3-month BATs and 36-month OATs. According to the issue schedule published by UMOA-Titres, the country is seeking CFA975 billion ($1.6 billion) for 2020.
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Launch led by Maroc Telecom, Orange, and Inwi Rollout targets 25% coverage by end-2025 under Digi...
Kevin Smith named De Beers COO, replacing retiring Burger Greeff on Dec. 1 Smith to oversee Afric...
Biovac opens mRNA-capable vaccine lab in Cape Town, backed by global donors Facility enables full...
The Nigerian Communications Commission (NCC) has launched new measures to eliminate pre-registered SIM cards. The regulator plans stricter field...
Somalia and Algeria signed multiple agreements covering education, agriculture, energy, diplomacy, and visa exemptions for diplomats. Algeria will...
Manuella Zagba, a management consulting and accounting professional who heads her own firm, Dyese Prolink, focuses on corporate operational efficiency in...
Courts and governments suspend hiring in Kenya, Malawi, Nigeria, and Ghana Cases expose weak transparency and inefficiency in public hiring...
Mali holds meeting to unify government communication amid rising disinformation threats Ministers urged to adopt coordinated, credible messaging as...
Benin to host first Cotonou Comedy Festival from December 1-6, 2025 Event includes performances, masterclasses, and global comedian...