Prime Energy, the Kigali-based hydropower company, has issued Rwanda's first Green Bond, valued at $7.3 million. Why is this important: Rwanda will join other African countries taking proactive steps to invest in the needed energy infrastructure and increasing grid connectivity to rural areas while they build their

Ghana, the world's second-largest cocoa producer, has started talks with overseas creditors, including BlackRock, Greylock, Amundi, and Abrdn. To begin the talks, Ghana and its international creditors have signed a non-disclosure agreement (NDA) that will prevent the country's largest bondholders from trading the bonds in the

Ecobank Transnational Incorporated (ETI) has signed a $250 million senior bridge-to-bond loan facility led by The African Export-Import Bank (Afreximbank) and Africa Finance Corporation (AFC), which serve as the Global Coordinators and Initial Mandated Lead Arrangers. The initial twelve-month loan will support Ecobank Transnational Incorporated's trade finance and

Ghanaian banks are experiencing exceptional profitability due to high yields on the country's treasury bills. Monetary policy initiatives by the Bank of Ghana in 2022, including restructuring domestic debt instruments, resulted in losses to domestic bondholders. According to reports by Fitch, the country's banking sector reported