Frontier Markets News: African Sovereign Issuances Surge, Sahel Gains IMF Boosts
Quidah is an online platform that connects investors with curated opportunities and expert insights on Africa’s emerging markets, while offering businesses promotional services, partnership facilitation, and market intelligence to attract capital and grow their operations.
Industries
Kenya tendered up to $350 million 8% 2032 notes and $150 million 7.25% 2028 notes, using proceeds from successive 2024/2025 eurobonds and novel $1 billion US DFC debt-for-food swap (Dec 2025). Côte d’Ivoire’s issue followed; Cameroon preps $1.05 billion post-Jan $750 million success.
Republic of Congo tapped at 11.625% (vs 13.7% Nov), DRC readies $750 million debut April, Angola up to $1.7 billion sale plus $1.4 billion debt-for-health swap.
Alliance of Sahel States drew capital sans regional bodies: IMF approved $91 million Niger post-reviews (6.7% 2026 growth via oil/agri), Burkina Faso passed review unlocking $33.2 million immediate/$124.3 million 18-month RSF (near-5% growth, sub-target inflation despite insecurity/poverty/climate).
Mali extended Barrick Mining’s Loulo-Gounkoto gold license 10 years, resolving 2-year dispute; Barrick pays ~$430 million regaining control of major African gold operation.
