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The familiar problem of inter-creditor opacity has also reappeared
Company in 'no doubt' a public trade would have delivered better pricing
As with other private placements from Africa, observers have questioned the merits of the format
Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
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In a scathing indictment on virtual currencies, Kenya’s central bank governor Patrick Njoroge attacks the use of bitcoin and will refuse to have new technologies forced upon him, just because they are the latest trend. Security and trust remain paramount, he says -
John Roome, senior director for climate change at the World Bank, tells Emerging Markets that banks need to begin to shift the balance of their investment into greener sectors, and that those that do not risk being left behind
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Egypt's finance minister Amr El Garhy tells Emerging Markets the country is on the verge of unlocking access to not only an $12bn Extended Fund Facility, but also some $10bn–$15bn of foreign direct investment
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The decision by the Mozambique government to agree to IMF demands for an independent audit of its debt sparked a 12 point rise in its bond price. But well placed sources have told Emerging Markets the optimism may be excessive as some donors are saying they will never return
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The Republic of Namibia, which has outlined plans to issue around $5bn of loans and bonds over the next 10 years, is to undertake a non-deal roadshow with fixed income investors in the US and UK.
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Kemi Adeosun, the finance minister of Nigeria, has attacked the “hypocrisy” of Western governments in stopping developing countries accessing development bank finance for coal power.
