Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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The trade, like previous yen issuance, carries a guarantee
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
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Two key growth areas for international capital markets are set come together in the first green and socially responsible sukuk offerings, writes Dan Alderson. The World Bank is endorsing the product through involvement in two new projects due this year.
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This week’s unveiling of socially responsible investment and green sukuk projects at the Islamic Financial Services Board by the World Bank put an inspiring twist in the essence of what Islamic finance is meant to be about — ethical investment, lest anyone had forgotten. But it also illuminated the catchword the IFSB most wants to promote: inclusivity.
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Nigeria and West Africa focused oil and gas firm Lekoil completed a capital raise on Wednesday that will part fund its purchase of a new oil field.
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A winning team has emerged in the most hotly contested African trade finance deal of the year. Ghana's national cocoa board, Cocobod, has mandated a consortium of six banks to arrange its annual one year pre-export finance facility.
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The private equity owner of Umeme has reduced its stake in Ugandan electricity distributor, following on from a ground breaking IPO in 2012.
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The future growth of Islamic finance is under threat if better education standards are not implemented, say practitioners, with a recent survey pointing to a critical skills gap in the industry.