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Africa is not poor. It is being drained, By Steve Aborisade

2 months ago
by Justice Okamgba

Approximately 3.4 billion people live in countries that spend more on debt repayments than on health or education. In Africa, two in every three countries pay more in debt interest than they invest in the health of their citizens. The global debt system was not designed with the developing world in mind, and the cost of leaving it unreformed is one that the poorest populations continue to bear.

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