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At London investor day, supranational reveals deals and plans for new funding and investments, including fully African project financing
The company is the only corporate issuer in North Africa, making it popular for investors
The company should benefit from a rise in fertiliser prices due to the Iran war
Nigeria plans a total return swap, following peers on the continent in the last 12 months
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Senegal bonds are trading at distressed levels and there is a risk of restructuring
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UK and South Africa firms to collaborate on equity research, trading and advisory
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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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Big hitters may have come to market but volumes are down
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Demand peaked at $1.6bn, allowing Axian to reduce the yield by 50bp