Kenya will raise more money from foreign than domestic sources, as it restructures its debt portfolio to take advantage of growing appetite for high-yielding debt. The National Treasury said it is seeking to raise $1.13 billion in sovereign bonds in the next four months and an additional $1.14 billion during the financial year starting July…
Nigeria’s president Muhammadu Buhari has approved the creation of a new entity that will focus on infrastructure development, with a seed capital of $2.63 billion, the office of the president said in a statement. The company, named Infra-Co, will be a public-private partnership, and the initial capital will come from the central bank, the Nigerian…
Guinea is battling a new outbreak of the deadly Ebola disease which has so far claimed the lives of four people with several others testing positive. The World Health Organization (WHO) warns that the number of new cases recorded so far may be a sign that the deadly hemorrhagic fever is resurging again in the…