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African Countries Need Strong Development Banks - How They Can Push Back Against Narrative to Weaken Them
African multilateral development banks hold over $640 billion in assets but face challenges to their legally enshrined preferred creditor status, risking higher borrowing costs.
Summary by allAfrica
2 Articles
2 Articles
African Countries Need Strong Development Banks - How They Can Push Back Against Narrative to Weaken Them
Analysis - A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa's ability to finance its own development.
·South Africa
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African countries need strong development banks: how they can push back against narrative to weaken them
A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa’s ability to finance its own development. In recent months, powerful voices from the International Monetary Fund (IMF), the Paris Club and US investment bank JP Morgan have questioned the preferred creditor status of African multilateral development finance institutions. These institutions include the Africa Export-Import Bank (…
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Total News Sources2
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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