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Africans Borrowed Heavily From China and Other Bilateral Creditors. Now That Debt is Getting Away From Them

by Eric Olander

Former U.S. Treasury official and current Senior Fellow at the Council on Foreign Relations, Brad Setser, is providing some of the sharpest, most insightful commentaries on the worsening debt crisis in Africa and how both China and the DSSI are contributing to the problem.

Setser was quoted in Peter Goodman’s New York Times article today “How the Wealthy World Has Failed Poor Countries During the Pandemic” and later expanded on the points he raised in the article in a fascinating Twitter thread.

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