Kampala, Uganda | THE INDEPENDENT | The government of Uganda has admitted that it has broken several public debt safety points but now seeks to correct the situation through the new five-year Public Debt Management Framework. The framework (PDMF) drawn by the Ministry of Finance, Planning, and Economic Development is …
Read More »Africa’s debt financing in the spotlight as Rwanda makes case
Rwanda’s successful Eurobond repayment serves as a reminder that there is resilience in African bond markets, despite the “perfect storm” of COVID-19, high inflation and trade disruptions SPECIAL FEATURE | BIRD AGENCY | In the face of economic challenges, Rwanda has achieved a significant milestone by successfully repaying its $400 …
Read More »Kenya raises US$2bn in new Eurobond
Kampala, Uganda | THE INDEPENDENT | On Feb 22, Kenya’s Treasury said it raised US$ 2 billion in a new sovereign bond issue listed at the London Stock Exchange (LSE). The Treasury said the Bond attracted a significant level of interest leading to over subscription. “This issue was seven times …
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