Benin: A High-Performing Economy Supported by an Ambitious Development Programme
Benin remains one of the most dynamic economies in sub-Saharan Africa, with average growth of nearly 7.0% over the past five years. The country ranked among the top five most dynamic economies in sub-Saharan Africa in 2025, with growth estimated at over 7.0% (IMF, Regional Economic Outlook – Sub-Saharan Africa, October 2025). Economic activity in […]
UMOA-Titres Participates in the 2026 Edition of Global Banking & Markets – Bonds, Loans & ESG Africa
A delegation from UMOA-Titres, led by Ms Patricia DJÉ, Deputy Director, will take part in the 2026 edition of Global Banking & Markets – Bonds, Loans & ESG Africa, to be held on 16 and 17 March 2026 at the Cape Town International Convention Centre in South Africa. A major pan-African event dedicated to debt […]
Discover the 2024 Ranking of Treasury Securities Specialists (SVTs)
Since the introduction of Treasury Securities Specialists (SVTs) on the government securities market in the WAEMU region, UMOA-Titres has published an annual ranking to assess the performance of approved institutions. This assessment covers all of their missions, namely: participation in auctions; activity on the secondary market; the quality of their relationship with national treasuries and […]
Exclusive Interview with Oulimata Ndiaye Diassé, Director of UMOA-Titres
The government securities market remains the regional benchmark for mobilising sovereign financing. The figures for the first half of 2025 illustrate, for the Union’s Member States, the effective fulfilment of their financing needs on the local market despite a demanding economic environment. “The government securities market is now the main source of domestic financing for […]
UMOA-Titres Unveils Its New Visual Identity – Rebranding 2025
Dakar, 14 April 2025 – UMOA-Titres, one of the key institutions driving the development of the regional financial market, is unveiling a new visual and strategic identity. This transformation marks a decisive step in its commitment to fostering a government securities market that is more accessible, transparent, innovative and dynamic. At first glance, the initials […]
UMOA-Titres Promotes the WAEMU Government Securities Market at the 2024 Edition of Bonds, Loans & ESG Capital Markets
UMOA-Titres, the regional institution supporting WAEMU Member States in raising debt financing on the government securities market, is taking part as a Silver Sponsor in the 2024 edition of Bonds, Loans & ESG Capital Markets, held from 5 to 6 March 2024 in Cape Town. Its participation reflects both an active and meaningful commitment, underscoring […]
PRESS RELEASE CLOSING THE 6TH EDITION OF REMTP 2024
The proceedings of the 6th edition of the Government Securities Market Meetings, organised by UMOA-Titres, concluded very successfully. Held on 23 and 24 January 2024, these two days of intensive discussions brought together in Cotonou more than 200 participants from the government securities market of the WAMU area, along with a number of participants from […]
SEIP 2023: UMOA-Titres Highlights Government Securities in the WAEMU Region
UMOA-Titres took part, as a partner, in the 6th edition of the Savings, Investment and Wealth Fair (SEIP 2023), held on 9 and 10 November 2023 at the Sofitel Abidjan Hôtel Ivoire. This edition, held under the theme “From Youth to Wisdom: Mastering Finances at Every Stage of Life”, provided a major opportunity for UMOA-Titres […]
UMOA-TITRES TAKES PART IN THE 6TH EDITION OF THE SAVINGS, INVESTMENT AND WEALTH FAIR (SEIP 2023)
As part of its efforts to promote government securities and the CISI-UMOA certification programme, UMOA-Titres is pleased to announce its participation in the 6th edition of the Savings, Investment and Wealth Fair (SEIP 2023). This fair is the leading annual event in financial education in Côte d’Ivoire, bringing together all stakeholders from the financial sector […]
Appointment – Oulimata Ndiaye DIASSE Takes the Helm of UMOA-Titres
Oulimata Ndiaye DIASSE was appointed Director of UMOA-Titres on 1 October 2023 by Decision No. 05/18/09/2023 of the UMOA-Titres Steering Council, thereby succeeding Adrien DIOUF, former Director of the institution. To read the full announcement, please click below. Press Release – Appointment of the Director of UMOA-Titres
A Reading Guide to Documents Relating to Government Securities Issuance
One of UMOA-Titres’ (UT) key challenges is to ensure that the information made available on the government securities market is accessible and easy to understand. Within the Economic Journalist’s Toolkit, you will find a reading guide specifically designed to help readers better understand the terminology used in relation to government securities issuance. The reading guide […]
The Secondary Government Securities Market as a Lever for the Development of WAMU Economies
The latest issue of LA TENDANCE offers, through its “Analysis of the Moment” section, a focus on the secondary government securities market as a lever for the development of WAMU economies. Over time, the government securities market has become a key option for financing the economies of the WAEMU region and is expected to continue […]
The Economic Journalist’s Toolkit for the Government Securities Market: An Essential Guide
One of the core commitments of UMOA-Titres (UT) is to ensure the transparency and efficiency of the government securities market through the sharing of information. The institution has therefore recognised the importance of digital platforms as complementary communication channels for disseminating key data that support the promotion of the government securities market. That is why, […]
Discover the Economic Journalist’s Toolkit for the Government Securities Market
As an economic journalist in the WAEMU region, one of your key challenges is to systematise your search for information by discovering new communication tools, with the aim of being the first to publish accurate and relevant information. The Economic Journalist’s Toolkit for the Government Securities Market is the practical tool you need to excel […]
The 5th Edition of the WAMU Government Securities Market Meetings Will Be Held from 24 to 26 January 2023 in Dakar, Senegal
The 2023 edition of the Government Securities Market Meetings, #REMTP2023, the annual conference dedicated to the WAMU sovereign debt market, will be held on 24, 25 and 26 January 2023 in Dakar, Senegal. The theme for this edition is: “Investor Diversity and Government Securities Market Efficiency” Like previous editions, which were widely acclaimed by market […]
Partnership Between UMOA-Titres and Special Olympics Senegal – Coach Training Under the Young Athletes Programme
As part of efforts to strengthen the capacities of its volunteer coaches, athletes and parents, Special Olympics Senegal, with funding from UMOA-Titres, organised a training session on appropriate coaching methods to support the early care of very young children with and without intellectual disabilities. The main objective of this training was to improve the quality […]
UMOA-Titres Commits to Childhood Vaccination
As part of its CSR policy, UMOA-Titres entered into a partnership with the AFRIVAC Foundation from 2016 to 2019 to support vaccine independence in Africa. The AFRIVAC Foundation aims to prepare the ground for vaccine independence in Africa by establishing a strong inter-African public-private partnership for child vaccination. More specifically, AFRIVAC seeks to organise, encourage […]
17th Ordinary Meeting of the UMOA-Titres Steering Council
The UMOA-Titres Steering Council held its first ordinary session of 2022 on 20 May at the headquarters of the Central Bank of West African States (BCEAO) in Dakar, Republic of Senegal, under the chairmanship of Mr Norbert TOE, Deputy Governor of the BCEAO, representing the Statutory Chair. Read the full press release by clicking on […]
REMTP 2022 MASTERCLASS: REPO TRANSACTIONS AS A LIQUIDITY MANAGEMENT TOOL FOR MARKET PARTICIPANTS – A REVIEW OF THE LEGAL AND REGULATORY FRAMEWORK
With a view to keeping the Government Securities Market Meetings (REMTP) alive throughout the year, UMOA-Titres is organising a virtual Masterclass as a continuation of the 4th edition of REMTP 2022. This very first Masterclass will take place on Wednesday 1 June 2022 at 10:00 a.m. and will focus on the following theme: “Repo Transactions: […]
Recovery Bonds and Support and Resilience Bills Return to the Government Securities Market
UMOA-Titres is making available to all investors and partners in the government securities market the presentation on the refinancing arrangement for Recovery Bonds (OdR) and Support and Resilience Bills (BSR), delivered on 1 April 2022 during the videoconference. The presentation provides the characteristics and specific features of the OdR and BSR to be launched under […]
The Role of Credit Ratings in the Development of African Financial Markets
Africa is becoming increasingly integrated into the global financial and economic system. The African Development Bank (AfDB) estimates that portfolio flows to Africa nearly quadrupled between 2005 and 2014, rising from USD 6.3 billion to USD 23.9 billion in 2014 (AfDB, 2014). In addition, remittance flows to the continent recorded remarkable growth, increasing over twenty […]
UMOA-Titres, Bronze Sponsor of the 10th Edition of Bonds, Loans & Sukuk Africa 2022
UMOA-Titres, as part of its strategy to promote and increase the investor base of the Government Securities Market, decided once again to participate in the Bonds, Loans & Sukuk Africa 2022 which was held on 8th and 9th March in Cape Town, South Africa. As a reminder, this is the only event on the African […]
INTRODUCTION TO LOCAL-CURRENCY CREDIT RATINGS IN THE WAEMU REGION
What is a credit rating? Also known as a rating, a credit rating is a technique used to assess the solvency of a borrower and the borrower’s willingness to meet short- and/or long-term financial obligations. It is generally issued by a rating agency approved by a regulator, although any creditor may carry out its own […]
Local-Currency Credit Ratings for WAEMU States Are Now Available
UMOA-Titres (UT), the regional agency supporting the issuance and management of government securities for WAMU States, was established in 2013 with the vision of becoming a leading community institution providing the momentum required for the optimal functioning of the regional government securities market, in the service of the development of WAMU Member States. This vision […]
FINANCIAL EDUCATION FOR POPULATIONS IN THE WAEMU REGION: A KEY LEVER FOR BOOSTING PUBLIC SAVINGS
Savings and investment are important elements both for the financial well-being of individuals and for the economic growth of a State. In many countries, governments seek to encourage citizens to save more — or better — to promote formal savings mechanisms over informal savings and to support greater diversification of investments. However, limited access to […]
Government Securities Market Meetings – REMTP 2022: The 4th Edition Goes Fully Virtual
In light of the latest developments in the health situation related to the COVID-19 pandemic and the resurgence of positive cases, the 4th edition of the Government Securities Market Meetings in the WAEMU region is changing format. The 2022 edition, initially planned in a hybrid format (in person in Lomé, Togo, and virtually), will therefore […]