Discusses efforts by the Federation of African Women Educationists (FAWE) to encourage the international community to set off Africa's debt burden against schemes for educational development. Number of illiterate people in Africa; Women's education as beneficial in raising family standards of living ...
Qin emphasized that the so-called "debt trap" is a narrative trap imposed on China and Africa, adding that only the African people are in the best position to say whether cooperative China-Africa projects contribute to the development of the continent and the improvement o...
For investors, the continent is not the high-debt, high-distress place it was a decade ago. It has come a long way in a short time. Now it is 54 countries that are generally fast growing and with single-digit inflation. Africa debate: Participants ...
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in the 1980s (when fertility rates were around four) and in much of Africa and Pakistan today. Unless falling fertility allows countries to replace that external debt with local savings debt default becomes more likely. China and private investors have partly replaced official Western creditors and...
In today’s world, we have a huge amount of debt outstanding. Academic researchers Carmen Reinhart and Kenneth Rogoff have become famous for their bookThis Time is Different: Eight Centuries of Financial Follyand their earlier paperThis Time is Different: A Panoramic View of Eight Centuries of ...
On November 20, 2020, China's Finance Minister Liu Kun, said China has extended debt relief to poor countries worth a combined 2.1 billion USD under the G20 framework. According to the Oxford China Africa Consultancy, Cuba had its debt of six billion USD in 2011 canceled. Outside of Afric...
The Ghanaian economy itself is largely reliant on commodities. So it’s a major producer of gold and cocoa. It’s also produces oil. These commodities are mostly exported. It has one of the highest GDP per head in west Africa. And also, just security wise, you know, it’s this oasis ...