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Country is among a growing number of issuers planning similar transactions
Central African country plans to pay with local currency
Moroccan investor to sell 11.3% of bank in fully marketed offering, after replacing Crédit Agricole as majority shareholder
Borrower signs seven year deal to refinance short term maturities
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Market participants are invited to give their views on the outlook and for CEEMEA in 2025
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About 30% of the deal expected to go abroad as other EM discount retailers will serve as comps
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The three major credit rating agencies do not understand the ‘anatomies’ of African economies, three of the continent’s finance ministers said on the fringes of the IMF’s Annual Meetings
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Members old and new want to be on good terms with Russia and China — but not too much
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One of the bright spots in 2024 has been progress on sovereign debt restructuring — Zambia, Ukraine and Ghana have restructured their debts. But while the market has made great strides in refining a complex and often fractious process, concerns remain, particularly over the vital issue of comparability of treatment
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Concessional finance is essential for getting through difficulties, but countries must attract private money