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Sub-Saharan Africa debt issuance down 10 percent so far this year

Debt issuance in sub-Saharan Africa fell by 10 percent in the first half of 2016, data from Thomson Reuters showed on Monday, as sinking currencies and faltering economies forced borrowers to take a breather.

Taking advantage of historically low yields and strong investor appetite, Africans have borrowed heavily in international markets in recent years with debt sales reaching record highs in 2014.

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