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economics & finance

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Mozambique’s debt crisis: Trawling for answers

In anticipation of an audit of borrowing by three Mozambican companies afforded questionable sovereign guarantees, this paper examines their debts and considers how the government and its creditors might extricate themselves from the current crisis.
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Africa Debt Rising By Paul Adams

While recent Eurobond issues are often depicted as evidence of Africa’s economic resurgence, they should also encourage close scrutiny of public financial management and debt sustainability.