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The bank tightened a little more than a UAE peer did on Tuesday
The euro tranche is a refi of a bond maturing later in September
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
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After initially treating China’s Belt and Road Initiative as a local venture, India has launched its own Project Mausam plan that experts say could be a “win-win” for the region at the risk of stirring tensions between the two powers -
Catastrophe bond pays out for one of two major earthquakes to hit Mexico in September
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Paulo Rabello de Castro of BNDES is determined to protect the bank's liquidity, planning to raid the international bond markets to raise up to $5bn as the government cuts subsidies to hit fiscal targets
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December's election for a new head of the ruling ANC is a watershed moment for South Africa, which could see a rapid reversal of the strong investor inflows seen this year and a full house of junk ratings
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Finance minister Gillmore Hoefdraad had a front row seat as Suriname’s open economy was battered on three fronts — lower gold and oil prices, and the end of bauxite mining — leading to a recession in 2016. However, as Hoefdraad points out, the recovery is well underway and explains how, through several measures that the government is taking, it is becoming better prepared for external shocks.
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After suffering from the end of the commodity boom more than most, Suriname’s recovery is impressing many investors. Although questions linger around the fiscal consolidation plan, the government’s reform agenda looks to be putting the economy on the right track.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
