Nigeria, other African countries’ mounting debt profile forces AfDB to inaugurate ADMIN

By: Babajide Okeowo

The mounting debt profile of Nigeria and other African countries has forced the African Development Bank (AfDB) to launch the African Debt Managers Initiative Network (ADMIN) to spur home-grown solutions to the continent’s debt challenges.

The inauguration and first peer learning event recently took place in Addis Ababa under the theme: Developing and Deepening Domestic Debt Markets in Africa