Page 3 - David Rogovic News Today

The growing number of maturities on bonds issued to African countries will increase financing pressures for lower-rated sovereigns over the next decade, Moody’s Investors Service warns.

Africa expected to see a subdued economic recovery in 2022 - CNBC Africa Ghana, Senegal & Uganda met virtually with international financial partners and risk analysts to discuss the most urgent risks and mitigation solutions at ATI’s (www.ATI-ACA.org) annual Roundtable; Analysts noted that Africa is expected to see a subdued economic recovery in 2021 and not likely to reach 2019 growth levels till 2022; Debt defaults are likely to be contained to a small subset of countries with little chance...