Nairobi is trying its hand at the liturgy of liability management, frontier market version: redeeming its domestic securities at the end of their life to refinance them with new long-term issues, in the hope of pushing back the deadline. A roll-over play worthy of emerging debt manuals, where toxic short-term debt is replaced by supposedly…...
Trending
- Dangote: how Benedict Oramah and Simon Tiemtoré are preparing the IPO of the century in Africa
- Dangote Petroleum Refinery closes a $2.5 billion private placement and prepares for its IPO
- EBID President Calls on NiBS Graduates to Lead Beyond Borders with Integrity and Purpose
- India-Namibia: Trade exchanges reach $592.94 million
- Morocco: Budget deficit decreases by 5.5 billion dirhams at the end of July 2026
- Egypt: Sinai Manganese aims for an annual capacity of 50,000 tons by 2028
- AFC raises 431 million USD through a digital bond
- Cocoa: Ivory Coast and Ghana at war against the threat of substitutes
