Africa’s Sub-Sahara region’s burgeoning debt is creating a wedge between the Bretton Woods Institutions and other lenders with China singled out for perpetrating a debt–trap that has soared by nearly 150% in the past 10 years, making the continent’s debt...
Argentina’s president-elect, Alberto Fernandez, has renounced the country’s $11 billion IMF loans tranches. “What I want is to stop asking (for money), and that they let me pay [back the loan],” Fernandez said in a radio interview last month. With...
Africa’s Sub-Sahara region’s burgeoning debt is creating a wedge between the Bretton Woods Institutions and other lenders with China singled out for perpetrating a debt–trap that has soared by nearly 150% in the past 10 years, making the continent’s debt...
Argentina’s president-elect, Alberto Fernandez, has renounced the country’s $11 billion IMF loans tranches. “What I want is to stop asking (for money), and that they let me pay [back the loan],” Fernandez said in a radio interview last month. With...
World Bank data shows an increasing trend of indebtedness in the world’s emerging regions since 2012. Will this debt be a precursor to higher development, or instead to a decline? The trends of debt owed to foreign lenders by four...
Cameroon has discovered 300 new mineral mines, in a project sponsored by the World Bank. The Mining Sector Capacity Building Project funded the discovery of rich minerals, including gold, sapphire, zinc, rare earth minerals, uranium, nickel and manganese, across ten...
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