Mali’s transitional government successfully raised 43 billion CFA francs ($71 million) on the West African Economic and Monetary Union (WAEMU) financial market, surpassing its initial target of 40 billion CFA francs, signaling strong investor confidence despite ongoing political and economic challenges.
The fundraising operation, conducted by the UMOA-Titres Agency on Wednesday, attracted significant demand from regional investors. The funds were secured through three financial instruments being a 12-month Treasury Bill (BAT) with a marginal rate of 8.90% and a weighted average rate of 8.8341%, 3-year Treasury Bond (OAT) offering a 6.15% yield and 5-year Treasury Bond (OAT) with a 6.35% yield.
Mali’s successful bond issuance is part of WAEMU’s broader plan to raise 2,600 billion CFA francs ($4.3 billion) in the second quarter of 2025 to support economic growth and financial stability across the region. n. Despite ongoing security concerns and political uncertainties following military-led transitions in Mali, Burkina Faso, and Niger, investor interest in Malian bonds reflects confidence in the country’s ability to manage its finances and service its debt. However, financial analysts emphasize the importance of fiscal discipline and macroeconomic stability to maintain investor trust and ensure long-term sustainability.
The Central Bank of West African States (BCEAO) has projected that the region’s economy will grow by 6.9% in 2025, driven by recoveries in the extractive and industrial sectors. Mali’s ability to attract investment in this climate will be crucial for funding government programs and stabilizing its economy.
