The eight countries of the West African Economic and Monetary Union (UEMOA) raised more than 406 billion CFA francs on the subregional public securities market by auction organized by UMOA-Titres in August 2024.

During the month of August, Côte d'Ivoire, Burkina Faso, Mali, Togo, Niger, and Guinea-Bissau all solicited the market, each with its own challenges and budgetary priorities. For its part, Côte d'Ivoire maintains the leadership in fundraising with nearly 173 billion CFA francs, or about 42% of the total. Investors still seem optimistic about the Ivorian economy, which is perceived as one of the most stable and resilient in the sub-region. Despite persistent security threats, Burkina Faso has managed to mobilize more than 91 billion CFA francs, or 20% of the total. The returns required to attract this capital were predictably high, reaching 9%, but the country's relative success shows that the quest for returns can still outweigh risk concerns

Par ailleurs, several countries, including Niger, Mali, Côte d'Ivoire and Togo, failed to reach their mobilization goals over several outings.