Eurobond

African countries are facing a huge problem brought on by a sovereign debt crisis. ShutterstockThe 2008 economic crisis is the single largest factor that has driven developing countries to seek alternative sources of financing for social and developmental infrastructure. This was a result of the drying up of bilateral loans and grants from European and American countries. … [Read more...] about Africa’s ticking time bomb: $35 billion worth of Eurobond debt | The Conversation