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2024

Lenders must stop leveraging Africa's resources for debt AfDB

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Opaque credit deals are undermining the continent's economic growth, the president of African Development Bank has said

Loans offered to African governments in exchange for oil and other minerals are contributing to the continent's crippling debt levels, President of the African Development Bank (AfDB), Akinwumi Adesina has warned.

Adesina, a Nigerian economist and banking expert, criticise















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