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Regional: Sovereign borrowing attracts funds despite debt concerns

Lenders have appetite for Africa’s more attractive sovereign credits, including fashionable francophone markets Côte d’Ivoire and Senegal. When in March Senegal raised $2.2bn in a eurobond issue, its Ministry of Finance received $10.3bn-worth of orders for the euro/dollar-...

Personal politics turned to the good as Ethiopia basks in Abiy effect

Personalities remain a key factor in shaping a continent trying to emerge from lost decades of ‘big man’ politics. While the ruling Ethiopian People’s Revolutionary Democratic Front (EPRDF) made much of efforts to create a post-conflict ‘developmental state’ in the last two...

Talking dirty at the AEF: forward thinking at last about King Coal

South Africa needs coal as a major employer as well as an indispensable source of baseload, while Kenya’s leadership seems committed to installing 1.05GW at Lamu, and other projects are being developed from Morocco to Madagascar. Coal remains a key element in many countries’...

Electricity supply industries must deal with legacy of poor policy

The legacy of colonialism may continue to shape contemporary Africa, but policymakers must also grapple with more recent follies as they struggle to address the legal and financial ramifications of decades of poorly structured and inadequately implemented infrastructure...