Tag: #AfricaCreditCrisis
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AFRICA LOSES $75 BILLION ANNUALLY TO BIASED CREDIT RATINGS—EXPERTS SOUND ALARM AT DAKAR CONFERENCE
Experts at a major two-day conference in Dakar, Senegal, have issued a stark warning that Africa is losing approximately $75 billion every year due to biased credit ratings imposed by foreign agencies. Organized by AfriCatalyst, SAIIA, UNDP, and AUDA-NEPAD, the event gathered top policymakers, economists, and financial experts focusing on how Africa can amplify its…
