Africa
The UN's closed-door briefing on the economic impact of COVID-19

According to a confidential briefing given to scores of senior African officials during a virtual meeting organised by the UN earlier this month, the novel coronavirus pandemic is projected to almost halve economic growth in Africa in 2020, generating a loss of some $29 billion. Meanwhile, major lenders to Africa have been asked to waive tens of billions of dollars in interest payments due this year. [...]
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West Africa
African bankers Thiam, Kaberuka, Onkojo-Iwelea reinvent themselves as debt reduction crusaders

In a response to the Covid-19 pandemic, a small group of financiers are lobbying intensely to get holders of African eurobonds to postpone their redemption dates for two years. The campaign is as advantageous for those waging it, however, as it is for its potential beneficiaries.

LogoSubscribers only Finance, Politics 16.04.2020

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