African Lenders Set Up Early-Warning Network on Debt Distress
The Alliance of African Multilateral Financial Institutions, a group of lenders known as the Africa Club, developed an initiative to proactively detect potential debt troubles among sovereign borrowers on the...
By Matthew Hill, Antony Sguazzin · Bloomberg Markets
The Alliance of African Multilateral Financial Institutions, a group of lenders known as the Africa Club, developed an initiative to proactively detect potential debt troubles among sovereign borrowers on the continent and avoid future disputes, its chairman said.