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.
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...
Carrefour to enter Ghana retail market in 2026 via franchise Shoprite Ghana stores to be rebranded Carrefour from April 2026 Plan includes opening...
(HUAWEI) - Huawei Northern Africa concludes today the Huawei Northern Africa Inclusive Energy Summit 2025 at the Four Seasons Hotel in...
Malawi plans state takeover of majority fuel imports to curb shortages NOCMA to import about 60% of fuel in 2026-27 Private importers remain active...
Ethio Telecom to extend telehealth services to 200 more hospitals Expansion aims to cut costs and improve healthcare access Rollout supported by 4G,...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...
(FEZ–MEKNES REGION) - As AFCON 2025 approaches: the Fez-Meknes region is emerging as one of Morocco’s most strategic tourism hubs, offering strong...