News & Analysis as of

Africa Debt Capital Markets

J.S. Held

Ending the Draught: Africa’s Return to International Debt Markets

J.S. Held on

On 12 February, the Kenyan government added momentum to Africa’s return to international debt markets by successfully issuing a USD 1.5 billion Eurobond. The issuance followed similar moves by Côte d’Ivoire and Benin which...more

White & Case LLP

Debt: Outlook for Africa brightens after challenging first half to the year

White & Case LLP on

Lender caution following Zambia's debt repayment default in 2020 has weighed on African debt issuance, but successful raisings by high profile borrowers show that investor appetite remains resilient - African loan and bond...more

White & Case LLP

Outlook for Africa brightens after challenging first half to the year

White & Case LLP on

African loan and bond issuance fell by just under 10% in the first half of 2021, year-on-year, with lenders still jittery after Zambia missed a bond repayment in November 2020 to become the first African sovereign to default...more

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