The African Development Bank estimates that the continent’s infrastructure needs amount to between $130–170billion a year over the next 20 years. With an estimated $62billion per year spending on infrastructure, financing gap in the range $68–$108 billion per year. This has been a challenge for countries Africa-wide. Improving infrastructure however is a key imperative, since

Sub-Saharan Africa saw the lowest number of deals since 2009, in the first nine months of 2018, pushing inbound Mergers and Acquisitions (M&A) down 42 percent, according to the Investment Banking Sub-Saharan Africa (SSA) region review by Refinitiv, one of the world’s largest providers of financial markets data and infrastructure. The report showed that Domestic

South African retail group Edcon Holdings Ltd. completed a complex restructuring on February 1, 2017, involving various creditor groups across the company’s capital structure to restructure a R29 billion debt burden. Negotiations took about 11 months before it was finalized. Now, the 89-year-old company is in the process of rebuilding its market share which shrunk

As banks continuously reassess their lending policies, corporates are increasingly seeking alternative financing options, turning to bond issuance as a source of longer term finance. There are other potential advantages companies consider such as cheaper borrowing costs, but there are other attractions: Diversification of funding is one attraction. The banking sector’s approach to lending can