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By Andrea McKaiser-Walbrugh, Senior Associate in the Banking & Finance team at CMS South Africa As of this year, the promise of the African Continental Free Trade Area (AfCFTA) has shifted from vision to imperative. The AfCFTA is no longer judged by aspiration but by its ability to mobilise capital at scale across the continent. […]
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Senegal faces fresh scrutiny after undisclosed €650 million financing deals surfaced, adding to IMF findings that it significantly underreported debt and fiscal deficits between 2019 and 2023. The episode highlights a wider African problem of weak transparency, hidden liabilities, and complex borrowing structures that conceal true debt levels and intensify financial risks. This story is […]
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