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New Analysis: Africa Doesn’t Have a Debt Problem, Certain African Countries Do

by Eric Olander

A new report by the Beijing-based consultancy Development Reimagined provides some badly-needed context for the broader discussion about the burgeoning debt crisis in certain African countries. 

The analysis focused on whether African countries will have sufficient funds available to provide for both ongoing debt servicing and higher social welfare costs brought on by the worsening COVID-19 outbreak in many countries. 

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