African sovereign borrowing is projected to rise to a three-year high of $155 billion in 2026, but escalating geopolitical tensions in the Middle East could cloud the outlook, according to a new report by S&P Global.
The rating agency estimates that commercial long-term borrowing by rated Afr
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Bunmi Bailey
Bunmi holds a degree in Economics from the University of Lagos and has over eight years of experience in content writing and journalism.
Her career spans roles as a financial and business journalist at BusinessDay Media and TechCabal, and as Head of Research at SBM Intelligence, an Africa-focused market intelligence and strategic consulting firm.
She also served as Editor at Finance in Africa, a subsidiary of Businessfront and is currently Assistant Editor, Finance (Africa), at BusinessDay.
