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Debt-laden African countries charged ‘extortionate’ rates, U.N. chief says

Debt-laden African countries charged ‘extortionate’ rates, U.N. chief says

© Reuters. FILE PHOTO: Secretary-General of the United Nations, Antonio Guterres speaks as he receives the University of Lisbon 2020 prize, in Lisbon, Portugal, January 5, 2023. REUTERS/Pedro Nunes/File Photo By Dawit Endeshaw ADDIS ABABA (Reuters) – African countries are getting a raw deal from the international financial system which charges them “extortionate” interest rates,…