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Sing'oei calls for lower borrowing costs for African countries
Foreign Affairs Principal Secretary Koryir Sing’oei has called for lower borrowing costs for African countries, saying high risk premiums are costing the continent billions of dollars annually.
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Sing'oei calls for lower borrowing costs for African countries
Foreign Affairs Principal Secretary Koryir Sing’oei has called for lower borrowing costs for African countries, saying high risk premiums are costing the continent billions of…
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Africa spends $90bn yearly servicing debt, pays $75bn risk premium — Kenya govt
“Africa pays $90 billion a year in debt service. That is more than aid and climate finance combined,” Mr Sing’oei said.