The International Bank of Azerbaijan has laid out comprehensive restructuring plans for US$3.3bn of debt that includes a 20% haircut to principal on senior bonds, sparking an outcry among investors.

The Gulf was plunged into crisis in early June after Qatar came under a wave of sanctions led by Saudi Arabia that has already led to heavy selling in Qatari assets, and market analysts are trying to decipher if this will be a long and drawn out event.

A global race is on between stock exchanges to host Saudi Aramco’s US$100bn initial public offering

Investors appear willing to back Egypt’s long-term growth, after the IMF delivered a US$12bn endorsement

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.

Credit rating agency Moody's Investors Service could upgrade Mauritius.

The emirate is looking to raise billions of dollars to build infrastructure ahead of the 2020 World Expo

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.

After recovering from civil war, Côte d’Ivoire had been a bright spot amid growing gloom in Sub-Saharan Africa

BNY Mellon is strengthening its commitment and focus on the EMEA region with a senior level Markets appointment to a newly-created position. 

The revelation that Mozambique had not disclosed US$1bn of debt underscores the governance challenges in Sub-Saharan Africa that are undermining investor confidence amid a commodity and currency rout.

Saudi Arabia’s Vision 2030 paves the way for a country more reliant on investments than on oil exports.