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Podcast: Good Morning Africa
Episode: Everything You Need To Know About Africa’s Eurobonds.
Description: 🎙African nations face a $6 billion Eurobond crunch in 2024 as high-interest rates persist, posing fiscal challenges.🎙Zambia has signed a memorandum of understanding (MoU) with its bilateral creditors to restructure approximately $6.3 billion of debt.🎙Nigeria's annual inflation rate continued to accelerate to an 18-year high of 26.7%, up from August's 25.8%.🎙The annual inflation rate in Senegal dropped for the 6th straight month to 3.8% in September 2023.