Bonds, Loans & ESG Capital
Markets Africa 2023

Are South Africans too pessimistic and are they missing some positive signals from the Debt markets? While domestic equity markets have struggled in recent years, the debt markets are demonstrating robustness, innovation and continue to attract demand in the global marketplace.

When looking at the African continent where over 600 million people don’t have access to electricity, one often thinks that you need big thinking to change the trajectory of energy transformation… but what if it is all about sweating the small stuff?

This is the estimated value of construction sector related economic activity that could potentially be unlocked over the next few years following the announcements by President Cyril Ramaphosa to allow businesses to produce up to 100MW of power without the need for a generation license from the National Energy Regulator of SA. And this is only the start of the potential value unlock.

The development of a stable , reliable and sustainable electricity grid is fundamental to the African growth story, but while large-scale infrastructure projects are critical, we must not ignore the opportunities available to small and medium-sized enterprises.

Africa must be cautious in how it tackles the triple threat of climate change, inequality and post-pandemic economic recovery.