Tag Archives: Financial System

African Leaders Demand Overhaul of Global Financial System at Economic Summit

At a major economic conference in Kenya this week, African leaders emphasised the urgent need to reform the global financial system, which they argue unfairly burdens African nations with exorbitant borrowing rates. African Development Bank (AfDB) President, Dr. Akinwumi Adesina, condemned the “so-called Africa risk premium,” which forces countries on the continent to borrow at […]