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◆ Why emerging market issuers are doing less in dollars ◆ Republic of Congo located between rock and hard place ◆ The GlobalCapital Podcast was brought to you by the numbers 17, 100 and the whole Alphabet
The yield was ultra high but Congo had little room to manoeuvre
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
Observers have questioned why the country is issuing debt at this price
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Sudan’s need to raise money outside of its domestic market has been illustrated this week, with the sanctions-hit country looking to sign a $50m loan with the Kuwait Fund for Arab Economic Development to finance development projects in the private sector. -
Ghana's national cocoa board Cocobod is garnering interest from banks new to its lending group as the Friday response deadline approaches for its $1.6bn annual pre-export finance facility.
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Tunisia’s National Constituent Assembly has added takaful chapters to its existing insurance framework, as part of its move to integrate Islamic finance into the country’s financial system.
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Port Autonome d'Abidjan, owned by the Ivory Coast government, has signed a €200m bridge loan to finance expansion projects.
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A dispute between shareholders of the Algerian subsidiary of Bahrain’s Al Salam has seen Algeria’s central bank commission place the bank under temporary administration.
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Mota-Engil Africa, a subsidiary of the Portuguese construction group, pulled its IPO on Friday, the latest deal to be hit by plunging sentiment in Europe’s equity markets because of fears about the periphery.
