Buoyed by Low Global Rates, African Sovereign Bond Sales Rise – But Debt Capacity Hasn’t
Bonds & Loans
Published: 4 June 2019 03:53
In May, Kenya became the latest African sovereign to take advantage of relatively subdued global rates and tap international bond investors for fresh funding, but a closer look at debt sustainability metrics suggest the country, and some of its peers, may be slowly running out of room to borrow.
12 Jul 2019