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.
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...
Islamic Development Bank funds €306.9 million Benin-Togo corridor road upgrade Project modernises key Cotonou-Lomé trade route, easing...
BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km, boosting regional trade and transport links Road...
Ghana bans mining in forest reserves, reversing 2022 law Civil groups welcome repeal but urge strong enforcement, legal amendments Concerns persist...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid population growth and major challenges such as climate...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...