𝗥𝗨𝗧𝗘𝗡𝗗𝗢 𝗥𝗘𝗦𝗣𝗢𝗡𝗗𝗦 𝗧𝗢 𝗝𝗢𝗦𝗛𝗨𝗔 𝗠𝗔𝗣𝗢𝗡𝗚𝗔’𝗦 𝗟𝗜𝗘𝗦. 𝗣𝗮𝗿𝘁 𝟭Joshua Maponga lies that I received R14 million rand to take the U.S. President, Nancy Polosi, OFAC, Secretary of State, SecretaryTreasury and global banks to court. Yet just two months ago he put the same number at R8.8 million and then forgot. So which number is true?

Attracting finance to Africa—That was my key message when I spoke on a panel in London at the big annual “Africa Debate” summit attended by several hundred decision makers (brief highlight video).1. “Prejudice Premium”I explained that Africa pays billions of dollars in excess financing costs as “Prejudice Premium” despite the fact that Africa has a lower default rate than similarly rated debt in the developed world. Furthermore, the recovery rate on African defaults is about 80% which is higher