In a first fundraising on the WAMU securities market this year, Niger successfully raised a total of CFA31.4 billion. Compared to the initial target of CAF15 billion, this makes a subscription rate of 209.4%.
Of this amount, the country only cashed CFA16.5 billion (about $27 million). The operation recorded 51 bids for 21 participants from the WAEMU region, including Togo which offered CFA7 billion, Burkina Faso (CFA6.2 billion) and Niger itself (CFA 6 billion). Interest rate was 6.5%, with a unit par value of CFAF10,000.
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Kinshasa metro line could launch on Nov. 27, 2027 Government finalizing studies, financing and PPP agreement Project includes seven rail lines, 173...
First place in natural robusta, third for women producers Robusta dominates output at 10,377 tonnes in 2024-2025 Cameroonian roasters won two awards...
KYA-Energy, Optima sign Côte d’Ivoire power partnership Deal targets data centre energy solutions, joint projects Move supports KYA-Energy’s regional...
Ghana suspends Burkina Faso tomato imports after Titao attack Wholesale prices jump in Accra following trade halt Imports vital as domestic output...
Senegal, Morocco resume talks on film co-production pact Countries seek revised agreement on training, distribution Partnership produced two...
“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...