Economy
IMF warns Africa faces higher cost of foreign borrowing
NAIROBI, Kenya, Oct 21 – The International Monetary Fund (IMF) has warned that African governments could pay more to borrow from international markets as global interest rates rise. IMF African Department Director Zeine Zeidane said African countries raised US$12 billion (Sh1.55 trillion) from international markets…
Capital BusinessBy PHIDEL KIZITO
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Read at Capital Business →Original headline: “IMF warns Africa faces higher cost of foreign borrowing”
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- higher cost of foreign borrowing
- IMF