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Minister Lamola warns debt burden is undermining Africa’s development ambitions [SOUND]

# Minister of International Relations and Cooperation Ronald Lamola says Africa’s development ambitions are being constrained by the growing burden of debt. He was speaking at the African and European Dialogue in Pretoria. Lamola says 25 African countries have in recent years spent more on debt servicing than on health and education. He says nations in the Global South face borrowing costs of up to six percentage points higher than those paid by non-African countries:

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