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Hydrocarbons, power and infrastructure bulked large last year
Senior loans banker leaves Deutsche after 14 years
Four sectors emerge with strong pipeline for Tanzania, Uganda, Namibia and Mauritius
First-of-its-kind opinion lays out World Bank, ADB and shareholders’ obligations under international law
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Steinhoff has asked its creditors for a one month extension on its multi-billion euro debt restructuring process, with the South African retailer saying on Monday that it needs longer to finalise documentation. -
South Korea’s Daewoo Engineering & Construction (Daewoo E&C) is tapping the offshore market for a $100m term loan.
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The Bank of England announced on Monday a consultation on a package of measures to tighten its scrutiny of banks’ and other financial firms’ readiness for climate change. The Bank’s approach is gradualist, but it is signalling clearly that firms must take the financial risks from climate change seriously, and that regulation in this area will be ramped up.
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Taiwan’s Mei Ta Industries has returned to the offshore market after three years for a €220m ($254m) dual tranche borrowing.
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Despite a flurry of announcements by business leaders that they were abandoning their visits to a Saudi conference amid claims of the torture and murder of a journalist, IMF boss Christine Lagarde said she would go to Riyadh to “speak my mind”.
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Moves for a closer alliance between European’s two main development institutions appear to be accelerating, as France exerts diplomatic pressure to boost the continent’s soft power.
