Africa Links 24 with The Brief
Published on 2025-10-30 13:00:00
Namibia has successfully redeemed its US$750-million (approximately N$14.3-billion) Eurobond, issued in 2015 at a 5.25% coupon rate, marking the largest single debt maturity in the nation’s history.
According to the Ministry of Finance, a sinking fund accumulated US$444 million (around N$8.4 billion) towards the repayment.
To close the remaining US$306 million (approximately N$5.9 billion) funding gap, the government has invited proposals from local commercial banks, resulting in…
Read the Full article on The Namibian
