The mobile banking startup FairMoney, which offers loans to Nigerian customers, has raised €10mn to expand into a fully-fledged digital bank. 

Despite choppy market conditions, the listing of the African telecoms company provides some hope for African companies on the IPO market.  

Hungary’s largest bank OTP returned to the international benchmark bond markets for the first time in more than a decade in July, with the bank able to take advantage of a highly receptive audience to place a solid €500mn subordinated trade. 

Robert-Jan Vijverberg will build on 20 years experience as an M&A banker to drive Rabobank’s own acquisitions. 

The world’s fastest growing economy is benefiting from increased oil production and comprehensive banking reforms. However, public debt levels remain a key concern particularly with an election approaching.

The Irish-based, agricultural specialist investor is providing early stage and follow-on funding to start-ups focused on the often overlooked and little understood sector

Ukraine made a storming return to the euro denominated Eurobond market in June after 15 years away, as investors warmed to the newly elected president Volodymyr Zelensky.

Dr. Adesegun A Akin-Olugbade’s appointment comes at a pivotal time for the law firm as it seeks to expand its business across the continent. 

The Baltic’s Luminor Bank has printed an inaugural €350mn public bond, as the financial institution prepares itself for new majority ownership from a Blackstone-led private equity consortium.

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.

Uzbekistan made its debut in the international bond markets with a US$1bn five and 10 year trade, with the borrower ratcheting in pricing far tighter than expected to regional comparable during the execution.