Iran war lifts Africa debt costs that have surged since pandemic
Bloomberg The Iran war is raising borrowing costs for African countries that are only just recovering from the post-pandemic shock that sent debt burdens soaring. Research published Tuesday by ONE Data showed borrowing costs from the World Bank’s International Bank for Reconstruction and Development jumped to 5.2% in 2024 from 1.4% in 2020, as central […] The post Iran war lifts Africa debt costs that have surged since pandemic appeared first on NewZimbabwe.com.
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