Egypt’s Al-Sisi calls for end to African debt cycle as Macron unveils €23bn investment in Nairobi

Egypt’s Al-Sisi calls for end to African debt cycle as Macron unveils €23bn investment in Nairobi

Egyptian President Abdel Fattah Al-Sisi warned that a large number of African nations now spend more on debt service than on health and education combined, urging an immediate reform of the international financial architecture to break the “vicious cycle of the sovereign debt dilemma.” Speaking at the Africa-France summit in Nairobi, Al-Sisi’s demands for equitable […] The post Egypt’s Al-Sisi calls for end to African debt cycle as Macron unveils €23bn investment in Nairo...

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