In DR Congo, the three-month treasury bills served to two bidders at an interest rate of 27% and auctioned on February 23, 2021, brought in 9 billion FC (4.5 million USD) out of the 20 billion FC (10 million USD) expected, i.e. a coverage rate of 45%. Added to the four lots of Treasury Bonds launched at the beginning of February 2021, the Congolese government will have raised 52.06 billion FC (26.03 million USD) out of the 80 billion FC (40 million USD) targeted, compared to the month January, during which the government raised only 6 billion FC (3 million USD) out of the 40 billion FC targeted, ie an achievement rate of 15%.
Trending
- Kenya loses $15.5 million after BAT shutdown operations in Sudan amid civil war
- Africa climate venture firm Equator closes $55 million fund
- Operational Excellence – Congo Terminal organises the 1st regional Kaizen, bringing together teams from 7 terminals
- East African Community (EAC) Faces Funding Crisis as Most Member Countries Struggle with Arrears
- Rising retirement contributions hit Kenyans February payslips
- CGF Bourse Honored in the Order of Recognition of the African Guarantee and Economic Cooperation Fund (FAGACE) and Elevated to the Rank of Commander by the Board of Governors
- Trafficked Kenyans in Myanmar rescued
- Moody’s Upgrades African Banking Sector Outlooks, Kenya and WAEMU Stabilize; Egypt and Nigeria Gain Momentum