The government of the DR Congo issued on February 16, 2021, Treasury bills which enabled it to borrow 19.5 billion FC (9.75 million USD) through these three-month financial securities served at two bidders at an interest rate of 26%. With the three batches of Treasury bills launched at the beginning of February 2021, the government raised FC 43.06 billion (USD 21.53 million) out of the FC 60 billion envisaged, while in January, it only raised 6 billion FC (3 million USD) out of the 40 billion FC targeted, ie an achievement rate of only 15%.
Trending
- Senegal: Doune Pathé Mbengue appointed Managing Director of the Autonomous Port of Dakar, Waly Diouf Bodiang dismissed
- Senegal: Doune Pathé Mbengue appointed General Manager of the Autonomous Port of Dakar, Waly Diouf Bodiang dismissed
- CIMA Markets: Saliou Bakayoko advocates for trust insurance, driven by quick compensation
- Tunisia: Foreign exchange reserves decline to around 8 billion dollars
- South Africa: De Beers suspends extraction at Venetia mine for two years
- World Bank grants an additional $140 million for agricultural roads in Senegal
- Ghana: Supreme Court suspends GN Savings’ reinstatement, central bank gains time
- Monale Ratsoma appointed Vice President of the BRICS Bank
DRC: Government borrows 9.75 million USD on the local market
Nathanael Mavinga
Nathanael Mavinga is a Congolese journalist (DRC) specializing in both audiovisual and print media. Passionate about writing and delivering information, he has pursued this profession for several years with dedication and discipline. His rich and diverse journalistic career has led him to produce numerous high-quality pieces covering key topics such as economy, finance, the banking sector, as well as other development-related issues. Thanks to his field experience and mastery of both written and visual formats, he stands out for his professional, precise, and grounded approach, deeply rooted in the realities of the African continent.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com