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.
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around ...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Algeria Telecom to deploy 345 4G stations nationwide First phase installs 195 stations, second adds 150 Plan aims to boost coverage,...
Around 50 Emirati investors held talks in Libreville Discussions covered stock platforms, cross-border transfers, digital bank No agreements...
Jobless rate drops 0.5 points to 31.4%, lowest since Q3 2020 Gains in services, construction, finance, agriculture offset...
ZCCM in talks with Mercuria to market its share of copper output Congo’s Gécamines already exporting directly, targets 500,000 tons IEA...
“Dao” ranks among the three films in official competition at the 76th Berlinale and marks Alain Gomis’ second bid for the Golden Bear. The film...
Fort Jesus is a fortress located in Mombasa, on Kenya’s coastline, at the entrance to the natural harbor that long made the city a hub of trade in the...