ABU DHABI / WAM The UAE-EU Dialogue on Human Rights held its 13th meeting at …
Read More »Banks failing coast to coast show spreading Africa distress
Bloomberg African banks are sinking deeper into trouble. Drowning in bad debt and swamped by slowing economies, more and more of the continent’s lenders are starting to fail. The collapse of a Ugandan bank, said to be an acquisition target of Bob Diamond’s Atlas Mara Ltd., is adding to woes stalking the industry from Mozambique to Nigeria. High interest …
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