CAPE TOWN, South Africa -- Sub-Saharan African countries previously shut out of the bond market are resuming debt offerings denominated in foreign currencies, raising more than $10 billion in 2024.
Markets
Sub-Saharan Africa resumes bond offerings as China retreats
African Development Bank chief blames unfair debt ratings for higher fundraising costs
South African President Cyril Ramaphosa says the continent's heavy debt burden hampers its economic growth. © Reuters
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