n IMFO : Official Journal of the Institute of Municipal Finance Officers - Municipal Bonds Market in Africa

Abstract

SALGA and IMFO participated in the recent Forum on African Municipal Bonds Conference held in Dakar, Senegal during April 2016. The forum was organized in partnership with Markets of Africa, publisher of the UCLGA's African Cities Magazine. The forum brought together potential issuers African Municipalities and potential buyers including hedge funds, investment banks and private equity companies across the world to reflect on forging strategic partnerships in the continent. The forum shared experiences of the challenges around the development of the Municipal Bond Market in the African continent and was addressed by various speakers ranging from issuers, investors, brokers. Lawyers, rating agencies and regulators and the Mayor of Dakar who also shared their near miss experience in the municipal bond market.