Tag Archives: debt restructuring
debt restructuring: Latest News
Kurt Davis Jr., 2:33 pm AFKI Original
Investors are strategically betting on the upside in Francophone Africa due to strong economic growth rates and a stable CFA franc. Lusophone Africa also presents opportunity. Low assets prices have replaced the exorbitant numbers of the oil-and-gas heyday, particularly in Angola and Mozambique. Debt restructuring can restore some confidence in Mozambique’s economic system. Private investors are finding a government more willing to deal on better terms, and companies that are pricing assets at fairly digestible prices.
An investment analyst and director at Greylock Capital Management, Corey Modeste recently sat in on an interview with AFKInsider which analyzed sovereign credit, emerging markets and investment trends in Sub-Saharan Africa.
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