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Africa: Credit Where it’s Due

June 20, 2013

A tailor at work in Mali. Good credit could be used to improve regional power grids, boosting productivity, says Sy (Photo: Reuters/Newscom)

When it comes to borrowing money on the international financial markets, several countries of sub-Saharan Africa can now access money at cheaper rates than some European nations. The change is historic and could open up exciting opportunities for the continent.

Amadou Sy, IMF, Monetary and Capital Markets Department