IvoryCoast

Ivory Coast's Eurobond Sees Unprecedented Demand, Raising $1.75 Billion

8 days ago

In a remarkable achievement for the Ivorian government, Ivory Coast successfully issued a €1.75 billion Eurobond this week, attracting more than double the amount in demand from global investors. This significant financial maneuver underscores the country's continued appeal as a destination for foreign investment, despite challenges posed by fluctuating economic conditions.

Vitol Acquires Eni’s Ivory Coast and Congo Assets in $1.65 Billion Deal

15 days ago

In a strategic move aimed at bolstering its presence in the African oil market, Vitol, the prominent global energy and commodities trading firm, has announced the acquisition of assets in Ivory Coast and the Republic of Congo from the Italian multinational oil and gas company Eni for a substantial $1.65 billion. This deal marks a significant milestone for Vitol as it seeks to expand its portfolio in West Africa's oil-rich landscape.

Standard Chartered and Other Banks Set to Provide $800 Million Loan for Ivory Coast’s Development

4 months ago

In a significant financial development, Standard Chartered and a coalition of prominent international banks are preparing to offer an $800 million loan aimed at bolstering the economic growth of Ivory Coast. This funding initiative comes as part of broader efforts to support critical infrastructure projects and enhance the country's developmental prospects.

Rothschild Partners with Ivory Coast for Innovative Debt Swap Initiative

5 months ago

In a significant move towards economic reform and debt management, the government of Ivory Coast has engaged Rothschild & Co. to advise on a groundbreaking debt swap arrangement. This initiative aims to convert a portion of the country’s debt into sustainable development funding, particularly focusing on climate change projects.

Ivory Coast Announces Ambitious $500 Million Green Financing Initiative

5 months ago

In a significant move towards sustainable development, Ivory Coast has revealed plans to establish a robust green financing facility worth $500 million. This initiative is set to play a crucial role in the country’s efforts to combat climate change and promote environmentally-friendly practices across various sectors.

JPMorgan Expands Operations in Africa: A Strategic Move into Kenya and Ivory Coast

6 months ago

In a significant expansion of its global footprint, JPMorgan Chase & Co. has officially opened new offices in Kenya and Ivory Coast. This strategic move underscores the bank's commitment to enhancing its presence in the African market, which is increasingly being recognized as a hub for financial growth and innovation.