POPE FRANCIS' PILGRIMAGE TO THE HOLY LAND
ON THE OCCASION OF THE 50TH ANNIVERSARY OF THE
MEETING BETWEEN POPE PAUL VI AND PATRIARCH ATHENAGORAS IN JERUSALEM
24-26 MAY 2014
‘Rich beggar’ paradox that is Africa’s $200bn cash reserves
African countries are holding cash reserves outside the continent totaling nearly $200 billion, which they fear to invest locally owing to rising risks.
The funds, nearly a third of the more than $500 billion in total reserves held by the countries, have been invested mainly in developed economies, said the UN’s Economic Commission for Africa (ECA).READMORE