High-Interest Rate Causing Debt Distress in Emerging Economies 

High-Interest Rate Causing Debt Distress in Emerging Economies 

Author: Africa Business Radio September 11, 2023 Duration: 30:31
News Express
Business
The Combination Of Aggressive interest-rate hikes in developed countries, lack of sufficient affordable capital from the World Bank and a failure to consider and address the spillover effects are creating costly spillback economic consequences on low-middle income countries already at high risk of debt distress, a new analysis from One Campaign says.
The international, non-profit advocacy and campaigning organisation that fights extreme poverty, particularly in developing countries, finds that ‘rich countries’ actions to control domestic inflation through rises in interest rates are creating unsustainable economic realities for low-and low-middle-income countries.
The high interest rates, it explained, are gradually locking emerging economies out of low-cost financing options creating an increasingly divergent global economy and exacerbating an already dangerous debt crisis.

Tune into News Express from Africa Business Radio for a clear-eyed look at the forces shaping Nigeria's economy. This isn't just headline scanning; it's a dedicated exploration of the financial sector and markets, delivered with a focus you won't find elsewhere. We go beyond the surface noise of daily news to provide context and analysis, yet avoid the narrow jargon that can make trade publications inaccessible. Each episode distills the essential conversations happening right now in boardrooms and on trading floors. You'll hear informed discussions pinpointing what matters for pivotal areas like Investment Banking, Trading, Technology, and Fund Management, while also tracking movements in Alternatives, Commodities, and major Companies. For anyone with a stake in the region's business landscape, this podcast serves as a vital briefing, connecting the dots between sectors to offer a comprehensive, nuanced picture. News Express is your source for understanding not just what is happening, but why it matters for the future of African commerce.
Author: Language: English Episodes: 100

Official website RSS
News Express
Podcast Episodes
Analyst’s Memo to Tinubu Harps on Value, Confidence for Naira  [not-audio_url] [/not-audio_url]

Duration: 29:14
Ahead of his inauguration as president, Business A.m. has learnt that President-elect Bola Ahmed Tinubu and his team have been inundated with tonnes of position papers and memoranda from a myriad of independent sources o…
Nigeria to See Record Foreign Capital Inflow in H2’23, 2024  [not-audio_url] [/not-audio_url]

Duration: 27:36
In the biggest positive outlook on investment inflow into Nigeria by international analysts in nearly a decade, the second half of 2023 and all of 2024 has been projected as periods in the country would attract record in…
Out Of Depth On Economy, Buhari To Leave N46trn Debt  [not-audio_url] [/not-audio_url]

Duration: 29:58
Except there is a last-minute miracle, the President Muhammadu Buhari government, already well known for being out of its depth on the economy, is very likely to hand over to the next government a highly risky economy, w…
Nigeria’s Voter Suppression Highlights Fall in Global Freedom  [not-audio_url] [/not-audio_url]

Duration: 29:13
With wide reports Of voter suppression and armed attacks against voters in Nigeria’s February 25 presidential and national assembly and the March 18 governorship and state houses of assembly elections still seething, a n…
Analysts Fear Economic Losses On INEC Rescheduling Of Elections [not-audio_url] [/not-audio_url]

Duration: 32:14
Nigeria's 2023 general elections which began with the now disputed presidential and national assembly elections and which were to move to the gubernatorial and state assembly elections, suffered a little setback when ini…
AfCFTA’s $3.4trn Potential Gets Global CEOs Keen Interest  [not-audio_url] [/not-audio_url]

Duration: 35:12
A Potential trade volume estimated at $3.4 trillion packed into the African Continental Free Trade Area (AfCFTA) has now effectively received the attention and keen interest of ranking global chief executive officers fro…

«1234567...10»