August 11, (THEWILL) – Africa’s debt stocks have grown significantly in the past decade. Understandably, African governments took advantage of historically low interest rates in the 2010s and borrowed heavily from international capital markets and China. However, debt has recently become a lot more expensive. Since 2020, the impacts of the COVID-19 pandemic and the [...]The post OPINION: Africa’s Mounting Debt Crisis And Need For Reform in Global Financial Architecture appeared first on THEWILL NEWS MEDIA.
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