Revealed: How rating agencies push Africa to pay more on loans
African countries are paying eight times more in interest on loans than…
Will a Pan-African credit rating agency help lower cost of loans?
Last week the African Union took issue with the persistent downgrades on…
Nigeria agrees to convert $49 Billion of loans from central bank to bonds
Nigerian lawmakers approved President Muhammadu Buhari’s request to convert 22.7 trillion naira…
Egyptians offered loans to buy books as inflation soars
Egyptians are used to paying for costly items such as cars or…
Don’t mortgage countries for loans, development banks tell Africa
Development finance institutions in Africa have cautioned governments against using countries’ natural…