Nigeria, Africa's Debt Servicing Costs Hit $74bn – AfDB
Nigeria and other African countries require about $74bn for debt servicing this year amid increasingly limited access to affordable liquidity, the Vice President and Chief Economist, Economic Governance and Knowledge Management, African Development Bank Group, Prof...
African Countries Pay 500% More on Global Debt – AfDB
African nations are grappling with a staggering 500 per cent increase in debt servicing costs when borrowing from global markets.
The African Development Bank’s Vice President and Chief Economist, Prof Kevin Urama, said this at the...
