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African countries are borrowing too much

The dangers of reckless lending and feckless borrowing

by
03 8, 2018
in Leaders

TWO decades ago much of sub-Saharan Africa was frozen out of the global financial system. Reckless lenders had lent too much to feckless (and often unelected) governments. Crooked officials had stolen billions, stashed their loot abroad and left their fellow Africans with the bill.

Source African countries are borrowing too much

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African countries are borrowing too much

The dangers of reckless lending and feckless borrowing

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