African Union Endorses New Fund to Shield Continent from Debt Crises  

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African leaders have given their go-ahead for the African Development Bank to establish the African Financial Stability Mechanism (AFSM). The facility, initially called for by the continent’s leaders in February 2022, will seek to prevent debt crises among member nations before they emerge. The AFSM will seek its own credit rating, enabling it to borrow… Read More »African Union Endorses New Fund to Shield Continent from Debt Crises

  

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