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Nigeria offers lifeline to states

Certain states within Nigeria are struggling to repay their debts to such an extent that the federal government has intervened to financially assist them.

26 Apr 2016

Mozambique in hot water over undisclosed borrowing

The failure of Mozambique to declare a substantial amount of borrowing has overshadowed the successful EMATUM restructuring and threatens the country’s ability to access foreign financial support on which it heavily relies.

25 Apr 2016

Oman to strengthen sukuk market

Oman has traditionally had a small Islamic financing sector, the development of which could see a larger number of corporates coming to the sukuk markets, which would help strengthen investment in the country.

25 Apr 2016

Saudi Arabia orders foreign loan

Saudi Arabia is set to receive a benchmark sized loan from a number of international banks after a long absence from the international capital markets. Despite the size of the loan, it is unlikely to crowd out the markets, and could mark the beginning of a number of issuances from the GCC region.

25 Apr 2016

Eskom set to receive loan

South Africa’s Eskom will receive a loan from the New Development Bank. The transaction highlights the vital role that Development Finance Institutions play in African infrastructure projects, but also raises questions over why a corporate connected to the state would need to access external funding.

25 Apr 2016

Asian Development Bank deposits bond

The ADB has issued a bond amid high demand. The bank’s credit rating and its operational efficiency have contributed to the popularity of the issue, leading to a wide investor base and varied investor make up.

25 Apr 2016

Top Dealmaker: The Islamic Banker

Dr. Adnan Chilwan is a leading authority in the field of Islamic Banking & Finance, and a driver of change and innovation in this segment which is now fast becoming a global phenomenon. With a career spanning nearly two decades with both reputed conventional and Islamic banks in the gulf region, he currently serves as the Group Chief Executive Officer of Dubai Islamic Bank, the world’s first…

22 Apr 2016

In Brazil, know your problems before you solve them

The deterioration of the public accounts in Brazil in recent years is alarming. The primary fiscal results (before interest payments on debt) were rapidly heading toward negative territory even before the collapse of revenues due to the recession. The results have not only appeared worse because of the “creative accounting” to mask the real tragedy – they simply do not give a full picture of the…

21 Apr 2016

Video: Tony Leon, Former DA Leader, Republic of South Africa

How has political mismanagement impacted South Africa?

20 Apr 2016

Argentina feeds hungry investors with landmark bond sale

The Latin American sovereign has finally returned to the capital markets, demonstrating that despite some market saturation appetite for the sovereign’s long awaited debt did not dampen.

20 Apr 2016