Côte d’Ivoire raises 110 billion CFA francs on regional debt market

Côte d’Ivoire has raised around 110 billion CFA francs on the West African Economic and Monetary Union (UEMOA) financial market, in a domestic debt operation aimed at supporting state financing needs, according to market data reported by regional financial sources.

The issuance, conducted through Treasury bills and bonds, attracted strong investor demand, reflecting continued confidence in Côte d’Ivoire’s sovereign debt profile within the regional market.

The funds raised are expected to contribute to the financing of the national budget, including public investment projects and government expenditure priorities.

The operation forms part of Côte d’Ivoire’s broader strategy of relying more on regional financial markets to mobilize resources in local currency, helping to diversify funding sources and manage external debt exposure.

The UEMOA regional market, which brings together eight West African countries sharing a common currency, has become an increasingly important platform for sovereign financing in recent years.

Côte d’Ivoire remains one of the most active issuers in the region, regularly tapping the market to meet its fiscal and development financing needs amid ongoing infrastructure expansion and economic growth efforts.