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Underwriting left unused after deal is 33% oversubscribed
Simbah Mutasa and Sjoerd Van Hooijdonk step up from regional leadership roles
New government is seeking an IMF deal, which will likely require a debt rework
Paying off external arrears will help get an IMF deal over the line
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Bilateral investment from rising powers such as China, Russia and Saudi Arabia has been gratefully received by needy nations such as Pakistan but the inflow of new money threatens to make the IMF look less relevant just as the multilateral has acquired a new boss
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Ghana’s minister of finance has called on global pension funds to help meet Africa’s vast infrastructure need, easing the funding burden which has seen several African countries load up on unsustainable levels of expensive dollar debt
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The new African free trade zone that will remove tariffs on 90% of goods should stimulate growth on the continent, according to African financial leaders. But there are fears it could create winners and losers
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The head of the European Investment Bank sets out his vision for upping its investment in Africa to meet the challenges presented by poverty, development needs and rising populations
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Ethiopia’s finance minister, Ahmed Shide, tells GlobalMarkets that Ethiopia is preparing to open up to the world and plans to establish the country as a gateway for Africa
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Mann+Hummel struggles in Schuldschein market amid splurge in auto trades — Bureau Veritas returns to USPP market — Seplat turns to loans for Eland buy — Endava swaps to syndicated sterling borrowing — Bravida refis revolver, eyes more buys