At the senior level, AFC is higher rated at A3 than BOAD, which is Baa1 stable from Moody’s and BBB negative from Fitch. Yet, ...

The MDB has long held plans for a public hybrid bond and began talking to investors about a $500m trade in 2022. It started ...

Tunisia’s foreign-exchange reserves fell almost 13% in just a day as the cash-tight government continues to tap the central ...

Initial price talk was in the 8.875% yield area. The sustainable hybrid matures in February 2055 and has a first call date in ...

The Central Bank of Egypt (CBE), co-chair of the Regional Consultative Group for the Middle East and North Africa (RCG MENA), hosted the Financial St ...

The Central Bank of Egypt (CBE) co-chaired the Financial Stability Board's (FSB) Regional Consultative Group for the Middle ...

In a week marked by volatility and competitive pressures in the technology sector, global markets have shown mixed performance, with U.S. stocks experiencing notable fluctuations due to AI competition ...

Tunisia's foreign-exchange reserves fell 13% in a single day, dropping from 26.7 billion dinars ($8.4 billion) to 23.3 billion dinars ($7.3 billion) The sharp decline follows the government's $1 ...

The West African Development Bank “BOAD” leads the way in innovation with landmark record-breaking $500 million public hybrid ...

The Beninese bank Banque Internationale pour l'Industrie et ... Sign up here. South Africa has sent additional troops and military equipment to Democratic Republic of Congo in recent days ...

LONDON - J.P. Morgan Securities PLC has announced that it did not undertake any stabilisation measures for the Banque Ouest Africaine de Développement (BOAD) securities offering. The notice, dated ...

Barrick Gold (NYSE:GOLD) (TSX:ABX) will resume operations at its Loulo-Gounkoto mine once Malian authorities allow it to ...