UEMOA countries plan to raise $4.3 billion in Q2 2025

Between April and June 2025, the eight member countries of the West African Economic and Monetary Union (WAEMU) will continue to use the regional government securities market to finance their projects, as in previous months.

To finance their budgetary needs, the eight countries of the West African Economic and Monetary Union (WAEMU) plan to raise FCFA 2,600 billion ($4.3 billion) on the securities market in the second quarter of 2025, according to the issuance calendar published by WAEMU-Titres, the regional agency responsible for managing public securities issues.

Funds will be raised as follows: CFAF 893 billion in April, CFAF 838 billion in May and CFAF 1,070 billion in June. This total amount will be raised through fungible Treasury bills (BT) and fungible Treasury bonds (OAT). In detail, I

Ivory Coast is, the main issuer with a target of raising FCFA 1,185 billion, including FCFA 420 billion in TAOs and FCFA 765 billion in OATs.

 

Ultimtely, the three members of the Alliance of Sahel States (AES), Burkina Faso, Mali and Niger, which are facing major security challenges, are also planning to raise substantial funds. Burkina Faso expects to raise FCFA 340 billion, Mali FCFA 345 billion and Niger FCFA 285 billion. These countries hope to mobilise the resources needed to finance their budgetary requirements and support their efforts in a particularly difficult context.

source: agence ecofin