Africa's leaders will gather in Rwanda on Wednesday, March 21 to launch what they say will be the world's largest free trade area but leaders of Nigeria and Uganda are reported to have pulled out, highlighting the challenge in getting the continent to sign up.
The second edition of Ghana’s international conference on trade and finance is set to take place in the country’s capital Accra from April 10th-11th, 2018.
Ivory Coast is selling 1.7 billion euros ($2.1 billion) of bonds in the biggest issuance of debt in the common currency from an African government, according to a person familiar with the matter.
The West African nation is offering 850 euros of 12-year notes paying 5.25 percent and a similar amount of 30-year securities with a coupon of 6.625 percent, said the person, who asked not to be identified as they’re not authorized to speak about the matter.
Price guidance was around 5.375 percent for the 12-year securities and 6.75 percent for the 30-year notes, said the person.
The International Monetary Fund has told Kenya that it must reduce its alarming fiscal deficit, ensure a sustainable public debt regime and abolish the interest rates cap to put the economy back on a strong footing.
Democratic Republic of Congo President Joseph Kabila will soon sign into law a new mining code, the government and the country’s mining companies said on Wednesday. The code has been vigorously opposed by the miners.
