Africa
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Al Gaseer moves to vice chair of GCIB -
Experienced banker takes over as AFC expands rapidly
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East African sovereign gets to grips with debt management with new issue that yielded 10.375% at reoffer
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Investors are happy Kenya is preparing for its upcoming $2bn maturity
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Investors had been worrying Kenya could default on $2bn bond
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Producer of titanium minerals gets tighter pricing on new debt facility
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Index inclusion meant ‘huge’ technical demand for Benin’s first in dollars
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One syndicate banker off the trade was impressed by starting level as orders ballooned
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The countries' euro curves trade at similar levels, but Benin will have to come wider in dollars
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Banque Ouest-Africaine de Développement's deal in December will be followed by more this year
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The trade should go well, said observers, after Ivory Coast's success last week
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Pair of loans with support from Bpifrance, AfDB and IsDB offer two ways to raise capital
