Tag: Eurobond

Nigeria to delay non-critical spending, defer Eurobond sale

Minister Zainab Ahmed told journalists in Abuja that Africa’s largest economy will prioritize “major capital expenditures.”

Kenya is in talks with World Bank for $1 billion loan

The East African nation is in advanced talks with the World Bank for “a fairly priced” loan of up to 100 billion shillings ($991.57 million), nearly half of its required external funding this fiscal year, a senior Treasury official said on Friday.

Mozambique launches restructuring offer for 2023 Eurobond, what you need to know

Africa's biggest Bank has taken a stake in local fintech firm Nomanini to offer credit to potentially millions of small shop owners and other informal retailers across Africa that have limited access to banking services.

Room for Kenya to borrow has shrunk, it needs to fix this – Central bank chief discusses

Kenya’s headroom for new borrowing has shrunk since it tapped the Eurobond market this month.

Why Nigerian lawmakers were asked to approve $2.79 billion Eurobond by President Buhari

In a letter read in the upper chamber of parliament, Nigerian President Muhammadu Buhari asked lawmakers to approve the issuance of a $2.79 billion Eurobond.

Africa’s debt challenge

Africa's debt challenge

Nigeria’s Eurobond 6 times oversubscribed

Nigeria’s Eurobond 6 times oversubscribed

This is what Nigeria will use its planned $2.5bn Eurobond for

The West African country wants to switch its borrowing mix so that foreign loans account for up to 40 percent of its total debt portfolio.