(Reuters) - Africa's itch to borrow to hasten development is producing a flurry of ideas to limit the risk that the world's poorest continent could once more drown in a sea of unserviceable debt.
After debt write-offs by international financial institutions and Western governments of nearly $50 billion, some African states have the headroom to start borrowing anew. Others do not.
Read more at Reuters Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment