Ivory Coast is selling 1.7 billion euros ($2.1 billion) of bonds in the biggest issuance of debt in the common currency from an African government, according to a person familiar with the matter.
The West African nation is offering 850 euros of 12-year notes paying 5.25 percent and a similar amount of 30-year securities with a coupon of 6.625 percent, said the person, who asked not to be identified as they’re not authorized to speak about the matter.
Price guidance was around 5.375 percent for the 12-year securities and 6.75 percent for the 30-year notes, said the person.
Egypt is considering a $1.5-2 billion Eurobond offering in the coming weeks, finance minister Amr El Garhy on Saturday said in a telephone interview...
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
