Côte d’Ivoire : Historic Operation on International Markets, 1.3 Billion USD Raised at Record Rate
Côte d’Ivoire has made history on African financial markets by successfully issuing an international bond totaling 1.3 billion USD, with a 15-year maturity.
The operation attracted massive interest: the order book reached 6.3 billion USD, nearly five times the amount sought, with 270 international investors participating. This strong demand reflects market confidence in the country’s economic stability and macroeconomic fundamentals.
The most remarkable aspect is the interest rate achieved: 5.39% after hedging, the lowest recorded by a Sub-Saharan African country in the past five years, significantly reducing the cost of financing for the Ivorian government.
The funds raised will support the implementation of priority projects under the National Development Plan (NDP) 2026–2030 while strengthening Côte d’Ivoire’s position in international financial markets.
Analysts note that this success brings the country closer to an investment-grade status, potentially enabling even more favorable financing conditions in the coming years.
Overall, Côte d’Ivoire confirms its attractiveness to international investors and its commitment to pursuing sustainable and inclusive economic development.