Ghana Telecommunications Co. sold $200 million of bonds
in the West African nation\'s first corporate issue in dollars, three months after the government issued its first international bonds. Iroko Securities Ltd London helped Ghana Telecommunication Co. sell five-year notes with a coupon of 8.5 percent
Sphynx Structured Note Issuance Programme
has been increased to US$2 billion. Sphynx is the first conduit dedicated to Sub-Sahara Africa.
completes transaction for Eland International Thailand Limited involving US$24 million in aggregate principal amount of Promissory Notes issued by the National Investment Bank of Ghana.
Republic of Côte d’Ivoire
Secondary purchase bonds for general budget purposes CFA 37.3 billion, 10% 2008-2011.
Closed January 2008
SALT Investment S.A.Z.F - First Round Financing
USD 12,500,000 Equity Private Placement. USD 34,500,000 Project Loan due 2013. Republic of Djibouti
Closed April 2008
is set to finalize the privatisation exercise of its remaining 36 strategic state-owned firms by the end of December 2007. The government formed the Parastatal Sector Reform Comission (PSRC) to privatise state owned companies 13 years ago
institutional investor base is very limited and highly concentrated with commercial banks holding 74.13% of treasury bills as at December 2002. Four large organisation control a significant pool of investable funds