Tag: SSA countries
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African countries risk going back to HIPC debt levels with increased borrowing — Fmr Governor, Central Bank of Nigeria
The Former Governor of the Central Bank of Nigeria, Charles Soludo, is warning that sub-Saharan African countries that got huge debt forgiveness under the High Indebted Poor Countries could find themselves buried under debt once more if borrowing appetite is not curtailed. More than 30 countries in sub-Saharan Africa were beneficiaries of the World Bank…