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.
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Circular migration is based on structured, value-added mobility between countries of origin and host...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Zijin Gold agrees C$5.5 billion acquisition of Canada’s Allied Gold Deal expands Zijin’s African footprint into Mali and Côte d’Ivoire Allied Gold...
Senegal, Morocco to hold joint cooperation commission in Rabat Talks cover trade, economy, culture; dozens of agreements under discussion Meeting...
Mark Cables completes 200 MW thermal power plant in Burkina Faso €180 million project aims to stabilise grid, cut electricity imports Part of broader...
Fitch Solutions estimates that Africa could account for about 7% of global rare earth production by 2034. The projection is largely based on the current...
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...