Page content
African governments look to Islamic finance after Benin sukuk success
Benin's Islamic bond sale is encouraging other African states to consider sharia-compliant financing, after robust demand highlighted the potential to diversify funding and attract a broader investor base, advisers and analysts said. Rothschild's Gatien Bon, who advised the West African country on its international bond sale, described the sukuk issuance as a "turning point" for African sovereign borrower [...]