Dive summary:
- International companies interested in infrastructure projects are seeing signs they like from Africa, where several governments are planning bond issues to finance their efforts.
- Diana Neumüller-Klein, a spokesperson at Strabag SE, a German construction firm that has been involved in infrastructure work in Africa for more than a quarter century, says companies like bonds backed by real collateral, such as natural resources.
- Issues of Eurobonds are expected in the near future from Angola, Kenya, Rwanda, Tanzania, Uganda and Mozambique.
From the article:
Africa has shown renewed interest in raising financing for infrastructure projects through Eurobonds and infrastructure bonds. ...