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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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As Africa Finance Corporation launches a $150m loan, other African development finance institutions are lining up to follow, according to bankers. -
Sociedade Nacional De Combustíveis De Angola (Sonangol) has completed a lengthy loan syndication for a $1bn five year loan, with Chinese banks taking big tickets, according to a banker on the deal.
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Standard Bank is in the market for two loans, a $750m deal for Standard Bank of South Africa and a deal for its Kenyan subsidiary, Stanbic Kenya, according to bankers.
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As Africa Finance Corporation launches a $150m loan, other African development finance institutions are lining up to follow, according to bankers.
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Puma Energy, the emerging markets-focused oil products storage and distribution firm, on Tuesday announced plans to raise more money with private placements to expand its activities in Africa, Asia and Latin America.
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Markit is preparing to launch what it said will be the first tradable emerging markets interest rate swap index.
