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ballooning external debt

AFDB warns of Africa’s ballooning external debt challenges, resource-backed opaque loans

April 29, 2024 Khalid Al Mouahidi 0

The African Development Bank has warned that Africa’s ballooning external debt, which reached $824 billion in 2021, is posing serious challenges, with countries dedicating 65 […]

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Recent Posts
  • OIC Foreign Ministers Endorse Morocco’s Atlantic, Sahel Initiatives in Support of Africa
  • Crown Prince Presides Over Mohammed VI Grand Prix Awarding Ceremony at Morocco Royal Tour Finale
  • Ex-Senegal president Macky Sall withdraws as candidate for UN leader
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  • Morocco’s Economy: IMF Expects a 4.5% Growth in 2026, 4.2% in 2027
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