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The country offers huge potential and possible pitfalls for investors
A piece of very rare African senior bank issuance could also come this week
African issuers are dominating CEEMEA issuance
The company's curve has massively outperformed the South African sovereign this month
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Banque Ouest Africaine de Developpement opened guidance on its debut dollar note on Thursday after the US Federal Reserve left rates unchanged on Wednesday.
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The £920m loan for Steinhoff’s bid for Darty remains in place, although the South African firm has been outbid by French retailer Fnac.
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Banque Ouest Africaine de Développement (BOAD) is holding an investor call for a dollar bond after first roadshowing in January.
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Standard Chartered has picked a new head of syndicated loans for Africa, after moving its syndicated loans unit into its corporate finance division.
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Just two working days after Numis’s dashing block trade in Saga stock on Thursday last week, Credit Suisse brought another sparky, sole-managed deal to the market on Monday night, with a £1bn sale of SABMiller shares for Jan Kulczyk, the Polish billionaire.
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China's growing presence in Africa is nothing new. But Asian banks are finally coming to the continent's loan market with big tickets and this is not the time for other lenders to sit on their hands.