Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Five year bond set to be priced much tighter than the development bank's last senior issue
Investors were eager to tender their bonds despite initial resistance
Inclusion of a variable rate instrument was not acceptable to official creditors
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Lake Turkana Wind Power, the Kenyan wind power project, has signed a $625m loan, the largest single private investment in Kenya. -
Africa Finance Corp has obtained a $300m term loan from 23 banks. The deal received over $630m of commitments from investors.
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Makram Abboud is VTB Capital's chief executive officer, Middle East and Africa and vice-chairman, international. Dan Alderson spoke to him about how the bank is carving out its niche in these regions, which have become a focus for Western banks with the shut out of the Russian loan market in 2014. Abboud also discussed challenges and opportunities in the year ahead and the prospect of VTB issuing its first sukuk.
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Islamic Development Bank (IsDB) has agreed to provide two loans totalling $192m for the government of Benin.
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Investors are bemoaning proposed amendments to South Africa’s Banks Act, which grant regulators the power to amend a bank’s capital structure.
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Standard Bank — Bulgaria
