African finance ministers shouldn't be making bond deals: how to hand over the job to experts
[The Africa news - Africa] - 23/06/2025
Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the (…)
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