(Reuters) – The Republic of Senegal, rated B1 by Moody’s and B+ by Standard & Poor’s, will issue a 10-year US dollar bond, according to a lead manager. The benchmark-sized deal is expected to be priced on Wednesday.
African News
Guinea-Bissau 2014 Cashew Exports Up 40 Percent So Far
(Reuters) – Guinea-Bissau’s 2014 cashew exports reached 70,000 tonnes by July 19 since the start of the season in March, up 40 percent on the same period last year, the government said. Trade minister Sherifo Embalo said another 60,000 tonnes of cashew nuts were awaiting shipment, bringing this year’s[Read More…]
Senegal Follows Ivory Coast On Bond Sales Trail
(JollofNews) – Senegal is meeting with investors in the US and Europe this week to pitch a new $500m government bond, days after the Ivory Coast began a sales trail for its own $500m bond.