Bond Markets & Exchanges News
COFINA launches its first securitization of receivables amounting to 10 billion CFA francs
13.04.2018| Source: Financial Afrik
The Compagnie Financière Africaine Group (COFINA), the first African institution of mesofinance, announces its first securitization of receivables on the Regional Stock Exchange, the Common Stock Exchange of the eight countries of the region. Economic and Monetary Union of West Africa (UEMOA).
Nigeria: DMO Lists N100bn Sovereign Sukuk On NSE, FMDQ
11.04.2018| Source: Vanguard; All Africa
The Debt Management Office, DMO, yesterday listed the N100 billion sovereign sukuk bonds, simultaneously on the Nigerian Stock Exchange, NSE and the FMDQ Securities Exchange Plc.
Sudan to issue a $1 bln Sukuk, in 2018
10.04.2018| Source: Ecofin Agency
The Sudanese government recently announced it would issue sukuk bonds worth $1 billion. The amount raised from the issuance of these international Islamic bonds will be used to fund the State budget.
Ecobank raises $200 million on international debt market, to finance SMEs mainly
22.12.2017| Source: Ecofin Agency
Togo-based holding, Ecobank, has raised $200 million on the international debt market, via a syndicated debt.
Tunisia: Arab International Lease raises $2 million on local bond market
28.11.2017| Source: Ecofin Agency
Arab International Lease (AIL), a Tunisian leasing firm, has raised five million Tunisian dinars ($2 million) on the local bond market, to reinforce its financial structure and expand.
Namibia: Development Bank Raises N$291 Million Through Bond
13.09.2017| Source: Namibia Economist; All Africa
The Development Bank of Namibia (DBN) issued the first notes under its N$2.5 billion Medium-Term Note Programme last week and raised N$291 million.
Zimbabwe: Insurance Firms Invest $800m in Prescribed Assets
11.08.2017| Source: Financial Gazette; All Africa
The insurance and pensions industry has invested nearly $1 billion in prescribed assets in the last six years, as they sought to comply with the country's legislation on portfolio investments.
Zimbabwe: Agribank, Fbc to Raise $20m Agro Bills
10.08.2017| Source: The Herald; All Africa
Agribank and FBC are getting into the market to raise $20 million through agro bills so as to support agricultural activities in the impending 2017/18 summer cropping season.
Kenya: Cheaper Cash Options Keep State From CBK Overdraft
01.08.2017| Source: Daily Nation; All Africa
The Treasury has kept away from the overdraft facility at the Central Bank of Kenya (CBK) for the past three months as investors bombard it with cash, opting instead to fill short-term cash-flow needs through the sale of treasuries.
Nigeria lists first Diaspora Bond on the London Stock Exchange
29.06.2017| Source: Ecofin Agency
Three weeks after its issue, Nigeria’s first Diaspora Bond today started trading on the London Stock Exchange (LSE).
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