September rush for African loans

africa map red
By Elly Whittaker
10 Sep 2015

Ghana’s Cocobod, Stanbic Kenya and Stanbic Zambia will all sign syndicated loans next week, according to bankers on the deals.

Stanbic Kenya, which is in the final stages of a $100m loan, is planning to sign the deal on September 17. Emirates NBD is leading the loan for Stanbic Kenya, which has a two year and a three year tranche.

Stanbic Zambia, meanwhile, is seeking its inaugural $50m ...

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