Dealing with Africa's debt
Africa's wrestling with a $1.2tn debt, while global interest rates are at a 40-year high. The African Development Bank summit is focusing on the debt crisis and any solutions.
Africa's wrestling with a $1.2tn debt, while global interest rates are at a 40-year high. This week’s African Development Bank summit is focusing on this debt crisis. What solutions are on the horizon, and how are businesses coping?
Elsewhere, Sam Fenwick is looking at the global cost of shipping containers. They are on the rise again this month causing European retailers to order now to make sure stuff arrives in time for Christmas.
The latest business and finance news from around the world, on the Βι¶ΉΤΌΕΔ.
(Photo: A man holds a bundle of Ghanaian Cedi banknotes. Credit: Cristina Aldehuela / Bloomberg)
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- Mon 27 May 2024 14:32GMTΒι¶ΉΤΌΕΔ World Service