Quantcast
Channel: beyondbrics » Africa bonds
Browsing latest articles
Browse All 33 View Live

Image may be NSFW.
Clik here to view.

Ivory Coast: back on the bond route

Less than three years since civil war erupted in Ivory Coast it’s back to business as usual. Growth rates are now among the highest in Africa and the west African nation is set to return to...

View Article



Image may be NSFW.
Clik here to view.

Guest post: Africa’s sovereigns should stick to debt plan

Florian von Hartig of Standard Bank With nearly two months of the issuance calendar remaining until year end, African sovereign issuers have raised nearly double the amount of funding ($6.35bn) in the...

View Article

Image may be NSFW.
Clik here to view.

Zambia: downgraded, but not down

What do you do when you get downgraded by a major credit rating agency, citing deteriorating government finances and macroeconomic policies that “could deter investment”? Issue more debt! Or at least...

View Article

Image may be NSFW.
Clik here to view.

African credit ratings: don’t get carried away, says S&P

African growth is soaring away, as anyone who has looked at the IMF figures can tell you. Meanwhile, governments are able to tap the international debt markets, as investors are still willing to snap...

View Article

Image may be NSFW.
Clik here to view.

Gabon’s $1.5bn eurobond: telling the right story

Gabon joined the year’s rostrum of sovereign African eurobond issuers on Thursday with a 10 year “soft bullet” issue of $1.5bn priced to yield 6.375 per cent. It follows comparable landmark issues over...

View Article


Image may be NSFW.
Clik here to view.

East African bond issuers: not having it so easy

Tapping bond markets is something of a trend for many African countries in the past year, including Gabon this month with a $1.5bn 10-year eurobond priced to yield 6.375 per cent. But selling long-term...

View Article

EM taper tantrums delaying Kenya eurobond issue?

Kenyan officials are on a round of investment meetings in London to discuss the country’s debut eurobond, pegged at $2bn, says the central bank. But market volatility is proving a nuisance and Kenya...

View Article

Image may be NSFW.
Clik here to view.

Ghana: the most fragile of all?

The discovery of oil and a rising consumer class had investors positive about Ghana’s growth story, holding up the west-African country as one of the frontier markets to invest in. But the recent broad...

View Article


Image may be NSFW.
Clik here to view.

Copper’s decline sends Zambian kwacha into tailspin

The Zambian kwacha has been one of the weakest currencies against the US dollar this year, losing more than 8 per cent of its value against the world’s reserve currency during the past month alone....

View Article


Image may be NSFW.
Clik here to view.

Islamic finance to get Africa boost

Two African countries – Senegal and South Africa – are just months away from issuing sukuk, or Islamic bonds, seeking to attract cash-rich Middle Eastern and Asian investors to finance their large...

View Article

[video] Ivory Coast PM eyes July bond issue

Ivory Coast prime minister Daniel Kablan Duncan expects a sovereign bond planned by his country to come to market in July. He talks to Javier Blas about his financing plans and the challenges facing...

View Article

Image may be NSFW.
Clik here to view.

“Africa Rising”– but can it duck the commodity curse?

Following Nigeria's example? The International Monetary Fund’s “Africa Rising” conference opened in Maputo with gushing descriptions about the “potential” and “opportunity” of the fast growing...

View Article

Image may be NSFW.
Clik here to view.

Senegal leads way for sub-Saharan African sukuk

Senegal is days away from launching sub-Saharan Africa’s biggest sukuk, with the CHF100bn ($208m) bond expected to receive strong investor demand and create further momentum for sovereigns and banks in...

View Article


Uganda says ‘no’ to sovereign bonds

Uganda is not, after all, jumping onto Africa’s sovereign bandwagon. The East African country, a perennial candidate in the continent along with Ethiopia and Algeria to issue dollar-denominated debt,...

View Article

Image may be NSFW.
Clik here to view.

Is Africa’s bond rush too risky?

African countries have been issuing bonds at a furious pace: the value of foreign currency sovereign bonds issued so far this year has already overtaken last year’s total (see chart below). That has...

View Article


Image may be NSFW.
Clik here to view.

Guest post: Africa’s time is now for hesitant US corporates

President Obama’s US-Africa Business Summit in August drew a top-notch group of African heads of state, business leaders, financiers, and ministry officials. But did the event bring in new potential...

View Article

African local bonds – an untapped opportunity?

African dollar bonds are increasingly gaining mainstream acceptance as the continent’s brisk economic growth and low interest rates in the developed world help buoy demand for high-yielding debt. The...

View Article


Image may be NSFW.
Clik here to view.

Guest post: oil price slump to hit indebted African nations

By Ben Payton, Maplecroft Africa’s booming economic performance over the past decade has seen GDP growth jump from an average of 2.5 per cent a year in the 1990s to 6 per cent a year since 2000. Asia’s...

View Article

Image may be NSFW.
Clik here to view.

Guest post: why are SWF’s shy of African investments?

By Juergen Braunstein, London School of Economics Sovereign Wealth Funds (SWFs) could easily resolve Africa’s infrastructure funding issues, or go a long way toward doing so. So why are they so...

View Article

Image may be NSFW.
Clik here to view.

How the US Fed may affect African currencies

By Neville Mandimika, Atria Africa Since Ben Bernanke suggested that the US Federal Reserve was starting to consider slowing down its asset purchase program (QE), markets have been trying to price this...

View Article
Browsing latest articles
Browse All 33 View Live




Latest Images