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Africa

Buoyed by Low Global Rates, African Sovereign Bond Sales Rise – But Debt Capacity Hasn’t

In May, Kenya became the latest African sovereign to take advantage of relatively subdued global rates and tap international bond investors for fresh funding, but a closer look at debt sustainability metrics suggest the country, and some of its peers, may be slowly running out of room to borrow.

Jun 4, 2019 // 3:53PM

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