
African Governments Increase Use of Complex Derivatives Amid Rising Debt
African governments are increasingly turning to complex financial derivatives like total return swaps to manage rising debt costs, a move critics warn could pile on risks for both countries and their creditors.
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African governments turn to complex derivatives as debt costs rise
Critics say growing use of total return swaps is piling on risks for cash-strapped countries and their creditors
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By Henry Oduah
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