PRESIDENT Hakainde Hichilema says African economies must be valued correctly, arguing that the continent is not assessed correctly in terms of Credit Risk Assessments. And President Hichilema says African countries are very wasteful in nature, discouraging the trend of borrowing for luxuries rather than production. Speaking at the ongoing Presidential Dialogue on Africa’s Agenda for Reform of the Global Financial Architecture at the 37th African Union Summit in Ethiopia, Saturday, Hichilema said African countries are unfairly given a higher risk profile thereby limiting the headroom for which the continent can access finances. “I just want to remind ourselves about the very basis that provoked this debate that drove the need to change the global financial architecture as we enhance our...