Nigeria Faces $6.4 Billion Eurobond Repayment Burden – World Bank - Business -
Nigeria faces a $6.4bn sovereign Eurobond repayment burden between 2024 and 2030, ranking joint third among the largest repayment exposures in sub-Saharan Africa, according to the World Bank. The World Bank disclosed this in its October 2026 Africa Economic Update, titled Building AI Readiness, which examined rising debt-servicing and refinancing pressures across the continent. The report said, “South Africa faces the largest repayment burden, with US$11.8 billion, with maturities in every year of the period. It is followed by Ghana ($6.4bn), Nigeria ($6.4bn), and Angola ($3.9bn).” This places Nigeria and Ghana jointly behind South Africa in the ranking of countries with the largest Eurobond principal falling due during the seven-year period. Overall, the World Bank estimated that sovereign Eurobond principal maturing across 13 sub-Saharan African countries between 2024 and 2030 stood at about $43.6bn, after adjusting for bond buybacks and liability-management operations complete...