West African countries struggle to raise funds from regional debt market

Published on: Tuesday 04 April 2023

By Loucoumane Coulibaly ABIDJAN (Reuters) - West African countries of the eight-nation economic and monetary union are struggling to raise funds on the regional capital market, as investors demand higher interest rates amid tightening liquidity, financial market sources said. Ivory Coast failed to issue local currency debt in March, while Senegal, Mali, Niger and Burkina Faso have cancelled or

News source: https://www.msn.com/en-us/money/markets/west-african-countries-struggle-to-raise-funds-from-regional-debt-market/ar-AA19uwat

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West African countries struggle to raise funds from regional debt market