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South Africa auctioned 1 billion rand of inflation-linked bonds, including those maturing in 2033, 2043, and 2058, amounting to $54.05 million. This auction reflects the government’s strategy to manage its …
South Africa Auction Sells 1 Billion Rand in Inflation-Linked Bonds Read More
Zimbabwe’s monthly consumer inflation fell to 0.5% in February 2025, down from 10.5% in January. Price growth has declined for food and non-food items. The central bank maintained the interest …
Zimbabwe Monthly Inflation Declines Significantly in February 2025 Read More
Zambia’s kwacha is facing pressure due to high demand for foreign currency, trading at 28.36 per dollar. In contrast, Nigeria’s naira is expected to remain stable, trading at 1,501 naira …
Zambia’s Kwacha Under Pressure While Other Regional Currencies Remain Stable Read More
Kenya has launched a buyback for its $900 million Eurobond due in May 2027 to refine its debt maturity profile. The buyback price is set at $1,002.50 per $1,000, with …
Kenya Initiates Buyback Offer for 2027 Eurobond to Optimize Debt Maturity Profile Read More
Kenya has secured a KSh194 billion Eurobond loan to manage its debt, with a interest rate of 9.5%. With an oversubscription of KSh646 billion from investors, the funds will refinance …
Kenya Secures New KSh194 Billion Eurobond Loan to Manage Debt Read More
Zimbabwe’s central bank has devalued the gold-backed currency, Zig, by over 40% to 24 Zig per US dollar due to demand for US dollars. Despite maintaining its nominal value since …
Zimbabwe’s Reserve Bank Devalues Gold-Backed Zig Currency by Over 40% Read More