Africa
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Borrowers are reluctant to make deals more complicated when securing any loan is tough
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Kenya has breathing room with no redemptions due until the summer of 2024
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Hopes IMF programme will help restore market access
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China's support means a deal could be agreed by year-end
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Three banks providing $250m loan with insurance support
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Africa sovereign spreads hit hard despite oil price surge
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Lancaster 101 sold a $370m stake in a narrow window between the bank holiday on Monday and Wednesday's US Federal Reserve meeting
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BOAD on starting blocks for post-Fed issuance window
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The debutant already has orders for nearly half the $300m target
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Congo begins investor update meetings
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Barclays cuts stake in South African bank for the first time since 2017
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The sovereign secured a cheap price on its 30 year tranche, said one investor