The issuance, supported by the EBRD, will be used to refinance an existing bond and ensure smooth running of the port.
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Armed with two decades’ experience at South Africa’s central bank, Mminele is hoping to reverse Absa’s fortunes at a challenging time.
Bahrain looks set to benefit from its prompt reaction to the coronavirus pandemic and from its investment in economic activity that has become more essential during the global lockdown.
The midmarket investment banking firm welcomes Allan Bertie and Alastair Rogers as it seeks to expand its presence across Europe.
The Saudi Arabian power and water developer is helping drive the shift towards renewable energy in the Middle East and beyond.
Turkey’s Akbank and biscuit maker Ulker made successful trips to the loan market for deals totalling more than US$1bn at the start of April as the coronavirus tore through Europe, but economic pain is hitting the country hard and the central bank has taken an unprecedented step to start buying debt.
The CEE region is somewhat bolstered by its crisis fighting quasi-coordinator set up 12 years ago for the financial crisis. This time the working group has perhaps an even tougher assignment.
The World Trade Organization (WTO) has said trade will drop up to 32% this year as the pandemic wreaks economic and social disruption. However, international co-operation could be the key to avoiding a worst-case scenario.
Munich-based AgTech company Agrando is helping bring farmers and their suppliers closer at a time when the coronavirus pandemic makes this a matter of survival.
The Gulf Cooperation Council states were rocked by the collapse in oil prices in April. Sovereign issuers from the region, however, still managed to print US$24bn of debt that month, but other names could struggle going forward.
Mass adoption of 5G in Africa is still a few years away, with very limited commercial deployment to date. Stakeholders are, however, already starting to think about how it might be rolled out, and how they might finance the infrastructure.
Global consulting firm Accenture is pursuing an ambitious expansion strategy within critical growth areas. Mudano, a data consultancy supporting UK financial services firms, will boost its offering in analytics and artificial intelligence.