The South African Treasury raised 11.795 billion rand (695 million USD) in its first bond issuance dedicated to financing infrastructure and development, with bids exceeding 26 billion rand (1.53 billion USD), representing a subscription rate of 2.2 times. The proceeds from the issuance will be used exclusively to finance projects under the Budget Facility for…...
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South Africa raises 695 million USD through its first infrastructure bond
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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