Africa Loans
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South Africa’s Standard Bank is in the market with a $375m three year loan as it looks to refinance debt in smaller size and tighter levels.
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South Africa headquartered Econet Wireless Global has closed a $150m financing facility with Export-Import Bank (Afreximbank).
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Caught up in the sell-off in the emerging markets, issuers from the CEEMEA region have been reluctant to come forward for new bonds this week.
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South Africa’s Standard Bank is in the market with a $375m three year loan as it looks to refinance debt in smaller size and tighter levels. -
The Loan Market Association (LMA) has launched a suite of documentation for use in local law transactions across various African jurisdictions.
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Ghana's national cocoa board, Cocobod, was receiving interest from banks new to its lending group as the response deadline of Friday neared for its $1.6bn annual pre-export finance facility.
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Trade and Development Bank of Eastern and Southern Africa, known as PTA Bank, has approached international lenders for a $200m syndicated loan.
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Sudan’s need to raise money outside of its domestic market has been illustrated this week, with the sanctions-hit country looking to sign a $50m loan with the Kuwait Fund for Arab Economic Development to finance development projects in the private sector.
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Ghana's national cocoa board Cocobod is garnering interest from banks new to its lending group as the Friday response deadline approaches for its $1.6bn annual pre-export finance facility.
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Port Autonome d'Abidjan, owned by the Ivory Coast government, has signed a €200m bridge loan to finance expansion projects.
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The Islamic Development Bank (IsDB) has approved financing facilities for various projects in member and non-member countries worth $447m, as the multilateral organisation celebrates its 40th anniversary.
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Emerging markets power firm Globeleq has signed a $70m loan for its African business - its first syndicated loan, according to Dealogic.
