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Egypt’s debt crisis impacts other African credits, Goldman Sachs warns

As bond yields rise in Egypt, so have yields for sovereign bonds for Angola, Kenya, Nigeria and Senegal.

Hassan Abdallah Egypt Central Bank Governor
Central Bank of Egypt Governor Hassan Abdalla leaves after speaking at the 2022 Annual Meetings Plenary during the 2022 IMF/World Bank annual meeting on Oct. 14, 2022, in Washington, DC. — Brandan Smialowski/AFP/Getty

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