Eurobond

Gabon's public debt is projected to rise from 70.9% of GDP in 2024 to 94.3% in 2027, according to IMF estimates. The increase is attributed to a $920m Eurobond issuance, with debt ratios expected to reach 78.9% in 2025 and 86.1% in 2026.

Gabon successfully raised US$920 million through a seven-year Eurobond, surpassing its US$750 million target, despite a junk credit rating. The issuance occurred a month after Moody's downgraded the country's credit outlook to negative.

Hungary is selling its first eurobond to capitalize on a market rally following the tenure of Viktor Orbán. The article references a photograph of Budapest's skyline.

Ethiopia's Ministry of Finance has reached an agreement in principle with an Ad Hoc Committee representing investors behind its one-billion-dollar Eurobond. The deal signals progress toward restructuring the country's debt obligations.

The Nigerian government in Abuja is seeking financial advisers for a planned Eurobond offering. The move aims to secure international funding through debt instruments.

DR Congo raised $1.25 billion through its first-ever Eurobond, a dual-tranche deal, as part of a Sub-Saharan Africa trend returning to international debt markets in 2026.

Morgan Stanley anticipates Zambia increasing the price of its Eurobond to resolve a stalemate. The article references a market in Lusaka, Zambia, but focuses on financial developments.

The Democratic Republic of Congo is issuing its debut Eurobond to diversify its economy, according to Finance Minister Doudou Fwamba Likunde. The move aims to attract foreign investment and reduce reliance on traditional revenue sources.

The article highlights how a pause in Iran's war efforts creates opportunities for the Democratic Republic of Congo to conduct its first Eurobond sale. Congo is noted as Africa's largest copper producer, linking its economic potential to the Eurobond initiative.