{"id":465588,"date":"2026-09-04T09:00:50","date_gmt":"2026-09-04T08:00:50","guid":{"rendered":"https:\/\/www.afis.africa\/sb_session\/africa-business-roundtable-how-to-africanise-corporate-project-and-ma-financing\/"},"modified":"2026-09-22T10:00:45","modified_gmt":"2026-09-22T09:00:45","slug":"africa-business-roundtable-how-to-africanise-corporate-project-and-ma-financing","status":"publish","type":"sb_session","link":"https:\/\/www.afis.africa\/en\/sb_session\/africa-business-roundtable-how-to-africanise-corporate-project-and-ma-financing\/","title":{"rendered":"Africa Business+ Roundtable | Expanding African financing for corporate projects and M&A"},"content":{"rendered":"

Africa\u2019s corporate sector wants to finance its most ambitious infrastructure projects and M&A deals at home, in local currencies and through African financial institutions, from local banks to local pension funds, who appear as an increasingly important source of long-term capital. Regional banks may lack the balance sheet capacity to finance 7-to-12-year project debt or large acquisitions. Corporates therefore turn to foreign firms – typically US or European banks – which arrange two-thirds of Africa’s non-financial corporate debt, 53% of it in dollars. Others bypass banks and issue debt on exchanges outside Africa where liquidity is deeper. MTN Nigeria’s oversubscribed 2021 naira bond and Dangote Industries’ \u20a6300bn bond programme show local currency financing arranged by African banks can fund big-ticket deals \u2013 but they remain exceptions. African financiers meet corporate clients to ask: How can more of the continent’s largest deals be financed, structured and ultimately owned onshore?<\/p>\n

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