On January 28, 2020, Côte d'Ivoire mobilized a total of CFA60.85 billion (about $102 million) on the WAEMU securities market, through the issue of treasury bills (BATs) and fungible treasury bonds (OATs). The initial amount requested was CFA60 billion (about $100 million).
Issued with a 3-month maturity, the treasury bills was oversubscribed with a total amount of CFA83.7 billion (about $140 million) in bids. Out of this amount, CFA31 billion, or around $52 million were retained at the end of the transaction.
As for OATs issued with a maturity of 36 months, CFA30.75 billion (about $51 million) of bids were collected, out of which CAF29.85 billion (about $50 million) were retained.
According to the provisional schedule of public securities issues published by the WAMU Securities Agency, Côte d'Ivoire intends to raise a total amount of CFA975 billion (about $1.6 billion) on this market to finance its budget during the year 2020.
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...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
Ethiopia aims to grow the agricultural share of the GDP from 34.9% in 2024 to a forecasted 37.64% by 2030 by institutionalizing urban farming as a...
EFCC and NASRDA sign cooperation deal on space-based surveillance Satellite tools to support investigations and asset tracing Illegal mining...
EU funds national program to curb bullying and gender-based violence More than 11,000 bullying cases reported in public schools in...
Sovereign Metals recovers rare earth–bearing monazite at the Kasiya site Tests show high-grade heavy rare earth content alongside rutile...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...
Bamako hosted the first International Festival of African Documentary (FIDAB) from January 16 to 18, 2026, screening 12 African films. UNESCO...