
Nicole Kearse
@nkearse2016
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mother, lawyer, wanderlust - views are my own - tweets and retweets are not endorsements
London, England
Joined November 2016
Djibouti / IMF A4 concluded: "Djibouti needs to restore debt sustainability and rebuild reserves through a mix of fiscal consolidation, SOE reform, and debt negotiations. Clearing all arrears and finalizing debt negotiations is key to restore debt sustainability, ..."
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"This sovereign wealth fund will not be only about stabilisation, it's about growth" Botswana launches new wealth fund to drive diversification and create jobs
reuters.com
Botswana has set up a new sovereign wealth fund to drive economic diversification, create jobs and manage state companies, officials said on Wednesday.
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Ghana has agreed to accept West African nationals deported from the United States and 14 have already arrived in the country, President John Dramani Mahama told reporters late Wednesday.
reuters.com
Ghana has agreed to accept West African nationals deported from the United States and 14 have already arrived in the country, President John Dramani Mahama told reporters late Wednesday.
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"Finance Minister John Mbadi told a local television station earlier this year the government was in advanced discussions on a swap involving the World Food Programme's participation." Kenya plans pioneering $1 billion 'debt-for-food' swap
reuters.com
Kenya aims to carry out a pioneering $1 billion debt-for-food security swap by March next year, a finance ministry document showed on Tuesday, as the country looks to novel solutions to ease its...
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Gulf nations invested ~$113bn in Africa (2022–23), more than the prior decade combined. World Bank projects SSA GDP growth at 3.7% this year, rising to 4.2% in 2026–27 compared to 2.7% global growth in 2025.
agbi.com
Africa is emerging as a target for Gulf investors as sovereign funds and businesses look to broaden their portfolios away from oil and gas
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The rally called for reforms including access to affordable, long-term financing through reformed MDBs, debt-for-development swaps, and the establishment of a Sovereign Debt Authority. Ghana Finance Minister Backs Pan-African Rally for Debt Relief
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"JPMorgan strategists… forecast EM sovereign bond issuance this year could near $240 billion, which would set a record. Lower-rated sovereigns that have regained market access may opportunistically look to tap debt investors, strategists added."
bloomberg.com
Countries and companies in the developing world are rushing to sell bonds at the fastest clip in at least a decade, taking advantage of high appetite for emerging-market assets to issue debt amid...
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"Angola faces challenges from potentially lower prices of crude oil and tightening external financing conditions... Its government is also racing to cut the stock of oil-backed loans to China, in an effort to relieve pressure on its finances." https://t.co/CYiHKn6mUu
reuters.com
The International Monetary Fund cut Angola's economic growth forecast for 2025 to 2.1% from the previous 2.4% on the back of lower oil exports, the IMF said on Friday, and warned that risks have...
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"much of the credit will be used to fund stalled construction works on a new toll road that forms a section of a highway connecting Uganda and neighbouring Rwanda, Burundi and DRC. Some of the funds will also be used to construct new facilities in the health sector…"
Uganda plans to borrow $400 million from several lenders including Africa Development Bank (AfDB) and a United Nations fund to finance transportation and agriculture projects, a finance ministry official said.
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"Capital is much needed to feed startups, SMEs, and corporates, but emerging technologies and structural shifts are gradually removing bottlenecks…" Raising capital in Africa is complex but new solutions are emerging https://t.co/ucLjnHnVF3 via @InvestMonitorAI
investmentmonitor.ai
The inability to raise capital is holding Africa back, but transformation is happening, boosting its dynamic economies. Read more here:
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"current frameworks, particularly those informed by Basel III standards, do not reflect the real risk environment in Africa and are unnecessarily limiting investment on the continent." Business insights | Standard Bank CEO urges risk-weight reforms
enca.com
South Africa is the current chair of the G20 and in November, will host leaders of the Group in Johannesburg. In the run-up to the meeting, this series aims to keep you informed and updated.
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The loan’s "cost is tied to the country's ability to achieve specific, pre-defined sustainability targets. The mechanism includes a "step-down" interest rate for Côte d'Ivoire if it exceeds its targets and a "step-up" rate if it fails to meet them." https://t.co/RDa4UgnmlJ
ecofinagency.com
• Côte d’Ivoire secures €433M sustainability-linked loan with World Bank backing • Loan tied to renewable energy growth and forest restoration targets • Guarantees from IBRD and MIGA reduce investor...
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"By borrowing in currencies such as the renminbi and the Swiss franc, countries can access debt at much lower interest rates than those offered by dollar bonds." Developing countries swap out of dollar debt to cut borrowing costs https://t.co/d1DU98tK4O via @ft
ft.com
Sovereign borrowers are turning to lower interest rates in currencies such as the Chinese renminbi and Swiss franc
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"TDB’s Taddesse has warned of precisely this outcome, saying that including the MDB in restructuring would set “a dangerous precedent” and ultimately raise financing costs across the continent." Sovereign debt row casts shadow over African MDB
gtreview.com
Africa’s regional multilateral development banks face an uncertain future. The growing possibility of their loans being included in sovereign debt restructuring has sparked a debate over the fundam...
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"Uganda is eager to agree a new funding program with the IMF as it struggles to find fresh sources of cheap funding to help slow the rise of its already mountainous public debt." Uganda Says It Is Negotiating a New Funding Round With the IMF
money.usnews.com
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Mutapa Investment Fund admitted as member of continental grouping
newzimbabwe.com
Spread This News By Alois Vinga THE African Sovereign Investors Forum (ASIF) has officially endorsed the Mutapa Investment Fund (MIF) as its newest member. This recognition marks a significant...
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How To Avoid Sovereign Default via @forbes
forbes.com
Balanced Budgets. Lower Taxes. Stable Money fixed to gold.
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Why the syndicated loan repricing stampede? The 107 indebted corporates that took advantage of investor demand to reprice existing loans in July will save a total of $680M annually, according to @PitchBook LCD. https://t.co/8UZJezF0pt
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“Investors welcomed the government’s intention to finance 90% of the plan from domestic resources, without resorting to new external issuances... The IMF also praised the initiative…" Senegal's eurobonds rebound after Ousmane Sonko's announcements
senenews.com
On Friday, August 1st, the presentation of the National Economic and Social Recovery Plan (PNRE) by Prime Minister Ousmane Sonko elicited a moderately
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The African Development Bank arm lending to low-income countries will start raising $5 billion from capital markets every three years from 2027, a senior bank official said on Tuesday, as donor countries such as the United States cut support.
reuters.com
The African Development Bank arm lending to low-income countries will start raising $5 billion from capital markets every three years from 2027, a senior bank official said on Tuesday, as donor...
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