Search

DR Congo plans first $1.5bn Eurobond to fund infrastructure, ease connectivity

Subscriber only Subscriber only
Eurobond trading. Photo by Willfried Wende @ Unsplash
Eurobond trading. Photo by Willfried Wende @ Unsplash
  • Mineral-rich nation eyes debut on international debt markets to raise $1.5bn
  • Analysts warn high global rates could raise borrowing costs

 

KINSHASA, CONGO – The Democratic Republic of Congo is preparing to issue its first international bond, a $1.5 billion Eurobond, in a move officials say will finance critical infrastructure.

You need an active subscription to continue reading this article.

Recent Business

Africa map @ Unsplash
Is Africa’s $1.8 trillion debt crisis choking its resource future?
Read More »
A typical African house. Photo by Kristin Wilson @ Unsplash
West Africa mortgage fund posts robust H1 earnings
Read More »
Mining site @ Pexels
Zambia seeks $11.6bn energy push to power mining boom
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is East Africa’s opposition under siege?
Read More »
Dr Mahamudu Bawumia, former vice president is a frontrunner in the opposition NPP flag bearer race. Photo: Courtesy Campaign Office of Bawumia/Facebook
Ghana’s opposition NPP flagbearer race risks ethnic split
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Ivory Coast opposition boycott raises election risks for investors
Read More »

Latest Posts

Latest news insights