MARKETS MAGNIFIED | African Sovereigns Make a Triumphant Return to International Markets
After a nearly two-year hiatus, sub-Saharan African nations are making a significant comeback to the international capital markets. The drought of bond issuances ended in January 2024 with Ivory Coast leading the way, followed by Benin and Kenya, collectively raising $4.8 billion through oversubscribed Eurobond offerings. This resurgence signals renewed investor confidence amid challenging global financial conditions. Discover how economic reforms and international support are reshaping the financial landscape for African sovereigns and what this means for future market access