SUB-SAHARAN AFRICA FACES HUGE DEBT BURDEN, DEFAULT RISK HEIGHTENED
Spread the loveFaith Nyasuguta Sub-Saharan’ African nations are facing an immediate risk of defaulting on their loans in the coming monthsfollowing a combination of increasing debt servicing costs, high borrowing, rising import costs and higher inflationary pressures tied to the continued appreciation of the dollar. The looming defaults could undermine prospects of a full economic recovery from the … Continue reading SUB-SAHARAN AFRICA FACES HUGE DEBT BURDEN, DEFAULT RISK HEIGHTENED
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