RMB helps funnel global investment of $650m into African infrastructure
RMB transactor Lwandile Nene unpack’s the bank’s role in assisting the Africa Finance Corporation to close $650m Eurobond debt issue at an attractive interest rate.
RMB transactor Lwandile Nene unpack’s the bank’s role in assisting the Africa Finance Corporation to close $650m Eurobond debt issue at an attractive interest rate.
Sub-Saharan African countries have been growing their global borrowing presence. So how have they been impacted by recent rocking of the Emerging Market boat?
South Africa’s Rand advanced for a second day as a successful Eurobond sale and a corporate takeover offer boosted confidence in Africa’s most industrialized economy.
Zambia is preparing to raise as much as $2 billion in Eurobonds and may start marketing the debt next month.
NAIROBI (Reuters) – Kenya secured bids worth $8.8 billion for its debut Eurobond and will accept $2 billion, a senior Kenyan official said on Tuesday, saying the level of bids was a record for Africa. Bankers had said the final level of demand was nearer $8 billion with the 10-year bond attracting $5.5 billion and … Read more