Tag: g20
πΏπ¦π South Africa to push for better credit terms for Africa and other developing nations during G20 presidency
International Relations and Cooperation Minister Ronald Lamola highlighted the significantly higher cost of capital for African countries compared to industrialized nations. He emphasized the need for “revolutionary solutions” to lower interest rates on loans, arguing that Africa shouldn’t face higher rates than developed countries for comparable loans. This focus was a key topic during the…
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