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.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Zambia withdraws its request for a 12-month extension of its IMF lending program worth about $145 million in additional funding. The IMF confirms...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other sectors face sharp contraction in 2025. Power, gas,...
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational investments—especially reliable electricity, digital...
Kenya’s economy grew 4.9% year on year in Q3 2025, up from 4.2% a year earlier. Construction, mining, hospitality and real estate drove growth...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...