Addressing Africa’s $66 Billion Resource Debt Challenge

Recently, AfDB President Akinwumi Adesina criticized resource-backed loans for burdening African nations with unclear, risky debts. Adesina criticizes these loans for their lack of transparency and the detrimental impact they have on the continent’s financial systems. Countries like Angola, Ghana, Niger, Sudan, Congo Brazzaville, South Sudan, and Chad face substantial financial burdens from RBLs, totaling […]

Leave a Reply

Your email address will not be published. Required fields are marked *