ThisDay: Fitch Warns about Debt Financing Risk in Nigeria, Others.
Fitch Ratings has noted that sub-Saharan African (SSA) sovereign debt levels were stabilising following their recent sharp increase.
But the global rating agency warned that the growing use of the international capital markets may increase refinancing risk as the amount of international debt coming due rises
IT: why do we keep borrowing and remaining in perpetual servitude? Shouldn’t countries be borrowing from us after decades of Oil wealth? We all know the answer to that question.