Capital Markets

Senior appointment to develop QFC

Senior appointment to develop QFC

The Qatar Financial Centre (QFC) authority has appointed Jon Morton as director for financial development. Morton has joined the QFC authority from Henley Business School in the UK, formerly Henley Management College, which merged with the University of Reading in August.

BOAD’s debut Eurobond

The year so far has been slow for Eurobond issuance in Africa, but BOAD’s debut transaction suggests investors are overcoming their risk aversion. 

Middle East news

The Middle East’s bond machine has started rolling this year with major issuance from fixed income darling Saudi Arabia, and analysts reckon the region is set for a decent year in the capital markets. 

Cover Story: African finance caught in global crosswinds

Strong trade winds are blowing throughout Sub Saharan Africa. Pushing companies forward are rising oil and commodity prices, but throwing the continent’s businesses off course is a deterioration of trust after a spate of defaults and the end of cheap credit globally. 

Multilaterals news

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.

Africa news

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.