As the African Continental Free Trade Area (AfCFTA) gets underway, the African Export-Import Bank (Afreximbank) expects the agreement will boost trade both inside and outside the continent. We profile the bank’s efforts to promote African trade and forge partnerships internationally.
October-November 2019
While the Sukuk market has grown this year compared to last year, there are still a number of obstacles keeping growth in check.
The African Development Bank printed a US$2bn bond at the tightest spread to US Treasuries in the issuer’s history in September. The bond was among a flurry of financings for the continent’s issuers with money coming in from fresh sources.
The European Bank for Reconstruction and Development pushed the popular socially responsible investing movement in a new direction in September, with the supranational printing a climate resilience bond that focuses on accepting and adapting to climate change.