$824bn resource-backed loans slowing Africa’s growth – AfDB president

The President of the African Development Bank, Akinwumi Adesina, has said that non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth are undermining African economic potential. According to a statement from the bank on Wednesday, Adesina said this at the Semafor Africa Summit, taking place on the sidelines of the International Monetary … The post $824bn resource-backed loans slowing Africa’s growth – AfDB president appeared first on Goldmyne TV.

  Updates   Apr 28, 2024   0   31  Add to Reading List
$824bn resource-backed loans slowing Africa’s growth – AfDB president

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To reach more people from NGN1,000 now!

The President of the African Development Bank, Akinwumi Adesina, has said that non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth are undermining African economic potential. According to a statement from the bank on Wednesday, Adesina said this at the Semafor Africa Summit, taking place on the sidelines of the International Monetary …

The post $824bn resource-backed loans slowing Africa’s growth – AfDB president appeared first on Goldmyne TV.

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