Tag: african countries
Posted in Economy
SBI and India Exim Bank filling trade financing gap in Africa
The State Bank of India and the India Exim Bank are helping businesses in African countries to fill the gap in trade finance, the South…
Posted in Business
Africa has more than $1 trillion in sovereign debt, UN agency says
Aug 18, 2024 03:36 PM IST African countries have over $1 trillion in sovereign debt outstanding and some are struggling to meet payments, a United…
Posted in Business
UN chief says debt-laden African countries charged ‘extortionate’ rates
African countries are getting a raw deal from the international financial system which charges them “extortionate” interest rates, the U.N. chief said on Saturday, as…