Decline in project finance worsening African commodity dependence, reports find
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Decline in project finance worsening African commodity dependence, reports find
African economies are being urged to reduce their dependence on commodity exports, yet a steep decline in international project finance across the continent is holding back investment in the infrastructure needed, research has found. More than 80% of least-developed countries rely on raw commodities exports, leaving them exposed to price volatility and unable to leverage their natural resources for sustainable economic growth, says a report pub…
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