- Africa’s corporate bonds total $35bn after a 44% real decline.
- Syndicated loans account for 81% of corporate debt tracked by the OECD.
LOME, TOGO – Africa’s corporate bond market has shrunk dramatically, leaving companies reliant on bank-arranged loans despite growing demand for long-term investment.
Outstanding corporate bonds totalled just $35bn at the end of 2025, a 44% inflation-adjusted decline from their 2015 peak, the Organisation for Economic Co-operation and Development (OECD) said in a report released on 6 November.
This article is free to read.
Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.
Create your free account or sign in
