Debt Servicing: How High-Interest Rates Threaten Nigeria, Tanzania, Others’ Investments – World Bank
World Bank report has brought to light the alarming reality faced by developing nations, particularly Nigeria and Tanzania, as they grapple with the burden of debt servicing. Over the past four decades, these countries collectively funneled a colossal $441 billion into servicing
![Worshippers stand inside the Menjar Shenkora Arerti Mariam Church under construction that collapsed in Arerti, Amhara region of northern Ethiopia, on Wednesday, October 1, 2025 [Samuel Getachew/AP Photo]](https://www.primebusiness.africa/wp-content/uploads/2025/10/Ethiopian-church-collapse-480x384.webp)
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