Benin is back in the market selling Africa’s first foreign-currency bond of the year, a day after it postponed the offering ...

The sukuk was part of Benin's wider desire to diversify its sources of funding. This was evident in 2024, when Benin debuted ...

Cameroon sold a dollar-denominated bond for the first time since 2024, less than a week after Benin tapped international ...

Benin recognises this, and it now has access to a sukuk market that is less volatile than conventional bond markets and more resilient to external volatility. It is an umbrella for a rainy day, and ...

The West ⁠African nation said its $500 million seven-year sukuk had been fully hedged into euros, resulting in a ⁠4.92% euro coupon ...

Benin is the first African state to issue an inaugural international Sukuk with a 7-year maturity. With a nominal value of US$500 million, the Sukuk carries a 4.92% Euro coupon, secured through a ...

Oba of Benin, His Royal Majesty, Oba Ewuare II, has maintained his earlier stand against the introduction of “IYALOJA CONCEPT” into markets administration in Benin, the Edo, saying that he was yet to ...