The Democratic Republic of Congo has made a landmark entry into global capital markets. The country’s debut Eurobond issue raised $1.25 billion—and attracted over $5.2 billion in orders from more than 110 investors worldwide, a four-time oversubscription. Structured across two tranches maturing in 2032 and 2037, the bond marks the first African Eurobond debut since 2019 and will be listed on the London Stock Exchange. Officials say the funds will support infrastructure, energy, and social development, while also diversifying financing beyond traditional concessional loans. Notably, this milestone arrives despite ongoing conflict in eastern DRC, highlighting the country’s economic resilience and the success of its IMF-backed fiscal reforms. With growth projected at 5.3%, the successful debut positions the country as a potential regular issuer, marking a significant step toward deeper integration into global financial markets.
African Business
