ABIDJAN, 15 March. - (ANA) - The president of the African Development Bank has called for an end to natural   resource-backed loans, calling them “asymmetric, not transparent and wrongly priced.” Akinwumi Adesina told the Associated Press that loans given in exchange for the continent’s rich natural resources left countries in a financial crisis. Several African countries have taken loans worth billions of dollars secured to their natural resources since the 2000s, with China as the leading lender.   - (ANA) -

 

AB/ANA/15 March 2024 — - -