Gabon is the country seeking the most financing on this market. The country led by Brice Clotaire Oligui Nguema plans to raise a total of 290 billion FCFA. Libreville has already initiated this dynamic with a domestic syndicated issue of an initial tranche of 55 billion FCFA.The operation, closed on February 5, was carried out through two new issues of 3-year (5.75%) and 4-year (6%) Treasury Bonds, as well as additional funding for existing bonds covering maturities of 2, 3, 4, 5, 7, and 10 years. According to our information, part of the funds, specifically 30 billion FCFA, was dedicated to buying back maturing bonds.For its part, Congo plans to raise 160 billion FCFA, including 75 billion FCFA in Treasury Bonds (OTA) and 85 billion FCFA in Treasury Bills (BTA). Cameroon, the largest economy in the sub-region, aims to collect 65 billion FCFA, including 35 billion FCFA through long-term securities and 30 billion FCFA in short-term securities.Less optimistic in February, Chad and the Central African Republic (CAR) plan to raise 30 billion FCFA and 7.5 billion FCFA, respectively.These fundraising efforts pose a significant challenge for the countries involved. Indeed, borrowing conditions on the monetary market have tightened due to the adoption of a more restrictive monetary policy by the Central Bank, aimed at curbing rising inflation. Furthermore, the revision of loan weighting rates by the Central African Banking Commission (Cobac), which can reach up to 100% for certain countries, adds a layer of uncertainty to the ability of public treasuries to meet their collection targets.If this measure persists, it could compromise the execution of national budgets, unless the regulator reverses its decision. The countries involved will therefore have to find alternative solutions to finance their projects and activities, which could be a significant challenge

 Christelle koambi