Sovereign pair defy Africa debt fears to mandate for bonds

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Sovereign pair defy Africa debt fears to mandate for bonds

Alamy_Cameroon_575x375_27May2021
EYJX8K Africa, Cameroon, North Province, Garoua city, the market and the traffic with the moto taxis | Alamy Stock Photo

Senegal and Cameroon mandated banks this week to bring them back to the debt capital markets. Despite wide uncertainty about African sovereign debt restructuring, market participants said credit conditions were conducive to issuance.

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