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Africa Credit Markets Brief: 6 September – 20 September

A fortnightly review of Africa's debt capital markets, covering the latest loan, sukuk and bond deals, rating actions, policy and credit market developments. Nigeria’s Ecobank secures a 5-year USD250mn syndicated loan - South Africa picks Barlcays, Deutsche Bank, HSBC and Nedbank to arrange new Eurobond – South Africa’s Land Bank raises ZAR1bn in bond auction - Kenya plans to sell up to KES30bn in treasury bonds this September - Liberia's President vows to open up its solar industry to foreign investors - Zimbabwe's FX reserves grew by USD3.2bn over past 8 months - Zambia awards a Chinese firm USD1.2bn road expansion contract

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