Africa Is Taking the Lead on Global Finance Reform
ADDIS ABABA – This year’s spring meetings of the International Monetary Fund and World Bank have made it clear that the global financial system, strained by repeated crises, is no…
Africa Debt
Can We Exit from a World of Debt?
In the past two decades, the external debt of developing countries has quadrupled to $11.4 trillion (2023). It is important to understand that this money owed to foreign creditors is equivalent to…
African Debt Cycle
Debt is an important source of finance for development. But if the debt situation turns burdensome and it may even threaten the very sovereignty of a nation. That’s what happening…
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