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China provides billions of dollars in loans and direct investments to African nations each year. Oleksii Liskonih/iStock/Getty Images Plus

We asked 1,000 Zimbabweans what they think of China’s influence on their country − only 37% viewed it favorably

Politicians and scholars debate whether China’s economic investments in Africa benefit or exploit local populations. But what does the public think?
Nigeria’s economy is struggling to recover from fluctuating oil price, inflation and impact of COVID-19 pandemic. Photo by Pius Utomi Ekpei/AFP via Getty Images

Nigeria’s debt is sustainable, but dangers loom on the horizon

To non-economists, the World Bank ranking Nigeria fifth on the list of its top ten debtor countries is alarming. A deeper analysis shows there is no cause for concern.
Businesses are structuring their lending practices to exploit loopholes in consumer credit laws. Shutterstock

Four common debt traps: payday loans, consumer leases, blackmail securities and credit ‘management’

Here are the four common lending practices identified by the Australian inquiry into credit and financial services targeted at those at risk of financial hardship.

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