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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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Fastjet, the Aim-listed African low cost airline, raised £50m on Wednesday April 1 through an accelerated bookbuild, more than tripling its market capitalisation.
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Moroccan phosphate group OCP has mandated banks for a series of investor meetings for a 144A Reg S dollar bond.
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Chevron Nigeria and Maurel & Prom, a French company with African oil assets, are both talking with banks about loans despite recent oil market pressure.
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Kenyan loans are in focus this week for the African market, with three government owned companies looking to arrange deals.
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The deadline for proposal submissions on Ghana National Cocoa Board’s annual loan closed on Tuesday, with banks forming teams to compete for the deal.
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Narjess Aschi has been appointed Citi’s new head of financial institutions corporate banking for the Middle East and North Africa.