Another African corporate turns to the LSE – West Africa’s first local currency bond lists in Ghanaian cedi.
Capital Markets
The Coral South Floating Liquefied Natural Gas (FLNG) project could have huge benefits for the troubled Mozambican economy, says Standard Bank, one of its lenders.
Easy capital market funding for Turkey’s banks and companies both a boon and a worry.
The Development Bank of Kazakhstan (DBK) took a novel step when it went to the international bond markets for tenge debt at the beginning of December, in a trade that is expected to kick start a wave of similar transactions in 2018.
The World Bank’s private investment arm signed a US$500m deal with Eastspring Investments in July.
Russia’s PIK Group has plans to ramp up capital markets activity in the coming years, as the firm announces a consolidation of its shareholder structure with company president Sergei Gordeev buying out two minority holders.
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.
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