Africa - All Articles
Ghanaian cocoa regulator, Ghana Cocoa Board (Cocobod), has signed a $600m loan from supranational and international lenders. The deal is Cocobod's third syndicated loan this year.
Egypt is in market promoting a new deal: three tranches of benchmark dollar funding. Its 40 year tranche will be Egypt’s longest ever deal.
Moody’s has downgraded South Africa’s outlook from stable to negative, in what some think is the precursor to the country being classified as a junk borrower. Lenders — in characteristic fashion — have shrugged off the implications for the country’s borrowers, claiming they enjoy a strong national banking system.