Africa Is Already Moving Past Defaults, Citigroup Economist

Africa Is Already Moving Past Defaults, Citigroup Economist Says

(Bloomberg) -- The probability of another sovereign debt default in Africa in the near term is practically zero, according to Citigroup Inc. economist David Cowan, who cites rebounding growth and multilateral support as the cushioning factors.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Trump Is Winning Over Swing-State Voter

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