The Republic of Benin became the latest African sovereign to debut in the international bond markets in March followed quickly by frequent issuer Ghana. Bankers working in the West and Central Africa region anticipate that over the medium term more borrowers from the region will access international capital markets.
After more than a year of consultations, the European Bank for Reconstruction and Development (EBRD), the multilateral lender for central and eastern Europe and North Africa, is publishing updated policies to govern the way it operates from 2020.
Garanti Bank sold the first gender-linked bond from an emerging market issuer this year, and the Turkish bank is optimistic that the popularity of the socially conscious financing tool is due to grow.
Another African corporate turns to the LSE – West Africa’s first local currency bond lists in Ghanaian cedi.
Following Brexit, the UK may need to sever ties with the European Investment Bank (EIB). But what will that mean for businesses that currently receive essential EIB financing?