Africa Turns to IMF as Commodity Slump Exposes Poor PolicyBy and
Borrowing costs shutting countries out of capital markets
Many nations swimming against a tide of debt, RMB says
Less than two years after International Monetary Fund Managing Director Christine Lagarde heralded Africa for its “remarkable resilience,” some of the continent’s former brightest stars are seeking bailouts.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.