Home > Posts tagged Africa Agenda Vol. 21 No.3 ( > Page 3)
First families of Zambia and China

Africa’s new debt crisis

Unlike previous debt crises, this time the creditors are mostly commercial entities or state financial organizations, observes *Cate Reid. Debt levels are rising dangerously – reaching 45.9% of GDP in sub-Saharan Africa in 2017, nudging the 50% ceiling recommend-ed...