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Africa

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  • Don’t switch off. Ebola may not have hit your P&L yet, but it’s going to, soon, and hard, whatever your job is. And look at the charts. The logic is inexorable: the longer we take to overcome the disease, the worse the cost will be – for the global economy and in human life. This is not about a few percentage points of GDP. Modern civilisation itself is at risk.
  • Côte d’Ivoire has developed a taste for the international capital markets. After a successful $750m Eurobond in July, prime minister and finance minister Daniel Kablan Duncan tells Emerging Markets about his plans to raise $1bn on the international markets
  • The Republic of Tunisia looks set to join the growing number of sovereign borrowers to issue a debut sukuk in 2014, having requested proposals from banks for a five year deal before the end of the year.
  • The Republic of Tunisia looks set to join the growing number of sovereign borrowers to issue a debut sukuk in 2014, having requested proposals from banks for a five year deal before the end of the year.
  • Global investors are looking at southern Africa as the outlook for the region’s economic growth is revised upwards
  • The Central Bank of Tunisia printed a ¥50bn 10 year bond on Wednesday from a ¥110bn book. The note was priced at par with a coupon of 1.61% to give a spread of 90bp over swaps — a much wider spread than Turkey paid for its own Japan Bank for International Cooperation-backed deal in September.