New Societe Generale head outlines key transaction banking issues

20 April 2021
New Societe Generale head outlines key transaction banking issues
EMEA Finance interview the renowned economist; Jeffrey Sachs.
World Bank president Jim Yong Kim sets out a radical agenda for his second term that will move it away from direct funding towards de-risking projects in Africa to make them more attractive to private capital.
A new economic plan for Sub-Saharan Africa’s largest economy may hinge on whether the government is willing to bite the bullet on currency liberalisation.
DONG Energy pushes forward with plans to add a further 5GW of offshore wind capacity to its portfolio by 2025 with major project awards in Germany.
Nigeria made a barn-storming return to the US dollar bond market when it defied expectations and shaky fundamentals to print below 8% yield on a book that almost hit US$8bn.
Romania placed its lowest yielding 10-year bond ever in early April, and the sovereign was rewarded for holding off from printing immediately after its mid-February budget.
The banking system in Cyprus was plunged into chaos at the beginning of the decade, but heavy restructuring and aggressively tackling non-performing loans is helping lead the country’s lenders out of the wilderness.
Off-grid power and captive energy projects are taking up some of the slack as big infrastructure deals stall, says Standard Bank.