Opinion

Africa’s debt capital markets resilient in a sea of global change

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Activity in Africa’s debt capital markets remains remarkably resilient despite global trade wars, Brexit concerns and high interest rates in a resurgent United States economy which is translating into emerging market jitters. Even as concerns around African sovereign debt mount, increasing global integration and the internal capability of the continent’s debt capital markets looks set to sustain Africa’s ability to import capital and manage debt through the current global cycle.