in Short
Togo Raises 16.5 billion FCFA on regional financial market
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Togo has secured 16.5 billion FCFA on the UMOA regional financial market, surpassing its initial target of 15 billion FCFA. The operation, closed on February 21, 2025, attracted 17 investors with total bids of 39.3 billion FCFA, representing a coverage rate of 262%. These funds will finance the country’s 2025 budget, reflecting investor confidence and the strength of the regional market.