AfDB to issue $1bn bond, at a coupon of 1.125%

In a statement published on February 24, the African Development Bank (AfDB) said it would soon issue a $1 billion bond with a 3-years maturity period.
In a statement published on February 24, the African Development Bank (AfDB) said it would soon issue a $1 billion bond with a 3-years maturity period.
M-Pesa users are set to receive cash transfers from anywhere in the world on their MasterCards following a deal signed between UK telco Vodafone and the global financial services company.
Private equity (PE) firms more than doubled cash raised for Africa-focused funds in 2015 compared to the previous year.
Online mining auctions are reaching record levels of stock going to auction in 2016 – a continuation of the previous year in an industry characterised by cost pressures and commodity price decreases.