AfDB chief says African countries “should put end” to natural resource-backed loans

  • Thread starter Rédaction Africanews
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Rédaction Africanews

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Adesina highlighted the uneven nature of the negotiations, with lenders typically holding the upper hand and dictating terms to cash-strapped African nations. This power imbalance, coupled with a lack of transparency and the potential for corruption, creates fertile ground for exploitation, he said.

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