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.
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...
Tourist arrivals to Africa rose 8% in 2025, the highest global increase. The continent welcomed 81 million international tourists during the...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border transfers and multiple financial services. The...
Algeria and Italy signed university partnerships to strengthen research, entrepreneurship, and academic mobility between the two countries. The...
TVS Motors is in discussions to build its first African motorcycle and tricycle manufacturing plant in Egypt, according to the Egyptian Investment...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...