Africa: A Landmark for African Finance - Europe's First African Sovereign Bond ETF Opens a New Chapter

[allAfrica] For years, African finance ministers have made the same case at investor conferences and multilateral summits: the continent is not short of bankable projects, it is short of affordable capital. This week, that case took a tangible step forward. Legal & General Asset Management, one of Britain's largest institutional investors, launched the L&G LSF African Government Bond (USD) UCITS ETF -- the first exchange-traded fund of its kind available to European investors -- built on the