Africa
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UK and South Africa firms to collaborate on equity research, trading and advisory -
Company signed inaugural facility for $175m in 2024
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Deutsche Bank runs process as country’s capital markets rehabilitation continues
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Demand peaked at $1.6bn, allowing Axian to reduce the yield by 50bp
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Bankers expect plenty more deals in June after a hefty May
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Investors have welcomed a naira devaluation, but it has hurt banks in Nigeria
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Financing will be used to build out infrastructure
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The company is 'very well run', said one buyer
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Gold prices have dropped but are still way higher than recent levels
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The premium to its secondary curve was 'minimal', said a source involved
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Both companies will benefit from a gold price one banker called 'amazing'
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The gold price has jumped by 7.5% since it first unveiled plans to issue
