Economists under the International Development Economics Associates Limited (IDEAs), are asking creditors extending trillions of shillings to African countries including Kenya to refrain from dumping expensive loans without care of how the money is going to be used.
Calls for Africa to be wary of “yield-hungry” investors luring the continent into haphazard debts came up on the first day of the conference themed ‘The African Debt Crisis and International Financial Architecture’ that is ongoing in Accra, Ghana.
