11/29/2019

GCC governments spur investment in Africa

Abu Dhabi Fund for Development has been at the forefront of this activity, having funded more than 66 projects in 28 African nations to a value of $16.6bn.

11/28/2019

African Development Bank supports Mozambique LNG project

Through its approval, the African Development Bank claims it has joined a global syndicate of commercial banks, development finance institutions, and export credit agencies, to jointly provide the requisite senior debt financing for the project. Financial

11/25/2019

Investors in rare snub of CBK’s 10-year bond

This is a return to normal market practice after the previous longer-tenor issue, a 16-year infrastructure bond offer, saw CBK set a different coupon from what the successful bids had dictated despite the offer being market determined.