Sub-Saharan African sovereigns line up to raise cash as tapering fears loom

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Sub-Saharan African sovereigns line up to raise cash as tapering fears loom

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JG5EBP Nairobi cityscape - capital city of Kenya, East Africa | Alamy Stock Photo

Several sub-Saharan African sovereigns are set to storm bond markets in the coming weeks, driven by expectations that credit conditions later this year may be less conducive to issuance amid a potential tapering of financial support, bankers say.

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