Contributing to the development of African financial markets infrastructure

Supporting African Borrowers and Private Investors by contributing to a liquidity strategy on par with international standards

The Liquidity and Sustainability Facility was launched with a clear and ambitious vision: to provide African Sovereign and Corporate borrowers with the same financial infrastructure available to the rest of the world, thereby levelling the cost of capital playing field.

Through its various initiatives, the LSF is working to create a more sustainable and attractive investment environment for Africa.

By leveraging innovative financial mechanisms, technology and partnerships with key institutions, the LSF aims to lower the cost of capital for African Sovereigns and Corporates, incentivize sustainable investments, and attract a broader range of investors to African markets.

African Sovereigns Eurobonds news

lsfacility infos ministere des finances republique du congo

20th May 2026

République du Congo

Émission d’un titre obligataire international de 850 millions de dollars américains.

lsfacility infos angola makes second eurobond

21st May 2026

Angola

Angola makes second Eurobond issuance this year, raising $1.5 billion.

lsfacility Egypt raises dollar denominated social bond sale

21st May 2026

Egypt

Egypt raises USD 1 billion in dollar-denominated social bond sale.

Four pillar strategy

The LSF implements its strategy through 4 channels:

Large repo deals for investors

The LSF is a repo facility dedicated to African Eurobonds, specifically designed to operate at the highest standards of global markets.

General Collateral Basket

The LSF Triparty Repo Africa Basket comprises a curated selection of African sovereign and corporate Eurobonds based on a combination of quantitative eligibility thresholds and qualitative assessments.

Market index & related products

The iBoxx LSF USD African Sovereigns index tracks the performance of the LSF universe of African Sovereign Eurobonds. The Index is investable and replicable and can be licensed for the creation of ETFs and other Index-Based Products.

Regional markets

The LSF supports the development of a regional financial market infrastructure to enhance cross border settlement, facilitate issuance and build a robust domestic and regional repo market with international governance standards.

Our objectives

Support liquidity of African Sovereign and corporate issuances

Increase liquidity of African Capital Markets and lower the cost of finance

The Eurobonds Repo market

The Repo market is an essential part of the good functioning of global financial markets and the path to affordable government debt. The LSF seeks to help the African Sovereign Eurobonds repo market reach the same level of maturity as in developed countries.

Trusted partners

Founding partner

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Index collaboration

Research partner

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Operational partners

The LSF Administrator

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The LSF Structuring Advisor

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The LSF Global Market Infrastructure Agents

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The LSF Legal Firms

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About The Liquidity and Sustainability Facility 
The LSF aims to support the liquidity of African Sovereign and corporate issuances, lower the cost of finance and increase liquidity of African Capital Markets.

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