Tag Archives: bond
TUNIS, Tunisia /African Press Organization (APO)/ – African countries need to improve their regulatory frameworks in order to ensure the successful launch of African infrastructure project bonds, says a new report launched by the African Development Bank (http://www.afdb.org).
Standard Bank Group has acted as the sole lead arranger for South Africa’s first – and only the world’s third – renewable energy bond for concentrated photovoltaic energy . The R1-billion, 16-year solar financing bond (closed on 29 April), with an 11% coupon was raised for French renewable energy firm Soitec.
Standard Bank Group has concluded five major corporate bond issuances in the past month with a value of R6,1-billion. Standard Bank has assisted Netcare, PPC Ltd, Mercedes Benz, SABMiller and the City Of Tshwane to access the bond market for their funding requirements.
Standard Bank Group has walked away with 11 acccolades at the 2013 EMEA Finance Achievements Awards, including being named best merger and acquisition house, best securitisation house and best syndicated loan house in Africa.
A.M. Best Comments That Ratings of UK Insurers Are Unchanged Following Downgrade of UK’s Government Bond Ratings
A.M. Best Europe – Rating Services Limited is a subsidiary of A.M. Best Company. Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.
A.M. Best Requests Comments on Draft Criteria: Rating Monoline Financial Guarantors In the Public Finance Sector
Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.
Refining Industry Outlook in Middle East and Africa, 2013 – Capacity Analysis, Forecasts and Details of All Operating and Planned Refineries to 2017
NEW YORK, Feb., 2013 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:
Knoxville, TN, December, 2012 –(PR.com)– RELYANT LLC a Maryville, TN firm has secured a $200M contract to provide construction services in Libreville, Gabon a West African nation. Baghdad Kabi BTP, a Gabonese Construction Management company working directly for the Government of Gabon and Messodie International, a finance organization focusing on Central and West Africa, signed a final contract worth over $200 million with the Maryville firm. RELYANT will build the key supporting infrastructure and horizontal infrastructure in support of the Bikele Housing Project on the outskirts of Libreville, Gabon, to include roads, water delivery systems, electrical hookups, waste management and concrete home foundations home sites. The Bikele Housing Project is a vital step in the Gabonese government’s plan to alleviate the severe housing shortage throughout this country of over a million and a half inhabitants.
“Regarding housing and in order to address the strong demand for housing in Gabon…a new town development scheme is being put in place, based on urban planning master plans containing a range of housing options for all income brackets, as well as hospitals and public buildings, roads, schools, green areas and shops.” The President of Gabon, Ali Bongo Ondimba, stated during his speech to the Gabonese people on Gabon’s Independence Day, August 17, 2012.
By Thandisizwe Mgudlwa
The African Development Bank has extended the equivalent of USD 300 million to FirstRand Bank Limited to support projects across Africa