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World Zambia’s looming debt crisis is a warning for the rest of Africa – The Economist

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DEBT stalks Africa once again. Over the past six years sub-Saharan governments have issued $81bn in dollar bonds to investors hungry for yield. Piled on top of this are murkier syndicated loans and bilateral debts, many to China and tied to big construction projects. Public debt has climbed …

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Read more via The Economist – https://ift.tt/2xcjMiz

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