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.
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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.
Nigeria made a barn-storming return to the US dollar bond market on February 9 when it defied expectations and shaky fundamentals to print below 8% yield on a book that almost hit US$8bn.
Investors appear willing to back Egypt’s long-term growth, after the IMF delivered a US$12bn endorsement
The emirate is looking to raise billions of dollars to build infrastructure ahead of the 2020 World Expo
Bank of Sharjah is marketing a new US dollar bond, and the issuer will likely have to field tricky questions on one of its major shareholders after Standard & Poor’s slashed the Emirate of Sharjah’s rating by two notches at the end of January.
After recovering from civil war, Côte d’Ivoire had been a bright spot amid growing gloom in Sub-Saharan Africa
Qatar came bursting back onto the bond market at the end of May with a US$9bn triple tranche trade, with a deal that looks set to kick-start more issuance from the country.
Latvia made a roaring return to the bond markets this week, stretching out its maturity profile to print a €650m May 2036 bond at close to its tightest ever spreads.
The rapid rise in hard currency public sector debt in emerging market countries is combining with the weakening of EM currencies to create substantial economic and credit rating risks, Fitch has warned.