Search

Angolan Eurobonds Plunge Following IMF Negotiation Denial

Allen Dreyfus
  • Angola’s bond yields spike as government denies active IMF discussions
  • Africa-wide Eurobond prices decline in response to Angola’s announcement

Angolan Eurobonds dropped sharply on Tuesday after the government announced it is not engaged in new negotiations with the International Monetary Fund (IMF) for financial assistance, sparking price declines across Africa’s bond markets.

Recent Business

Makkala nguzu Market, Choma, Zambia. Photo by Seiko Yamada @ Unsplash
Zambia secures multi-billion-dollar UAE investment talks to boost energy sector
Read More »
Mpumalanga, South Africa. Photo by Tiry Nelson Gono @ Unsplash
South Africa inflation eases to 3.5% as fuel prices fall
Read More »
Dangote Cement truck. Photo @ Dangote Cement website
Nigeria’s NGX records first commercial paper listing as Dangote Cement raises $89.58mn
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights