Stay updated with breaking news from David Rogovic. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 of contagion spreading to other countries in the region. At the African Trade Insurance Agency’s ...