Ghana, Kenya, Senegal, Zambia lean on local borrowing as Eurobonds loom

Borrowing at home offers African governments some shelter from the risks of dollar debt. It also brings the next repayment deadline closer. As Eurobond maturities build, governments are drawing on domestic and regional markets whose shorter maturities risk swapping one financing problem for another.Ghana plans to avoid Eurobond issuance through 2030.