Niger cashes CFA16bln in first 2020 mobilization on WAMU securities market
Friday, 14 February 2020 11:41
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.
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Sanlam invests $2.2mln in Moroccan startup to digitize local retail
05:06
-
CEMAC governments raise record $9.4bn in public debt markets in 2025
04:57
-
Senegal, Azerbaijan sign digital cooperation deal on e-government
15:21
-
US strikes in Nigeria expose split between security goals and religious narrative
14:24
-
Swiss‑Belgian Company Pumps 1.3 billion Francs into WWF Cocoa Project Targeting Jobs and Forest Protection
13:12
-
Cameroon Backs AfCFTA Corridor Project as IOM Secures AfDB Funding
12:15
-
Nigeria fintech Clea eases international supplier payments for businesses
17:15
-
Morocco accelerates airport digitalization at Casablanca hub for AFCON 2025
16:12
-
Lomé Commercial Fortnight runs through January 4, 2026
15:38
-
Cameroon positions 650,000 hectares for deforestation-free cocoa under EU rules
13:48
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...
Dakar and Baku sign two agreements on digital transformation Cooperation targets cybersecurity, skills, startups, and e-government Partnership...
Trump says US forces hit Islamic State fighters in Sokoto state Abuja confirms strikes but rejects claims of a religiously driven...
AU selects three African think tank consortia under its ATTP funding scheme Each consortium could receive about $10 million over two and a...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance license. Backed by $40M in Series A...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...