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China and the Burgeoning Debt Crisis in Africa

With more than 20 African countries now approaching or confronting debt distress, according to the IMF, a trio of scholars at the London-based international affairs think tank Chatham House mapped out what they think needs to be done to address the situation.

Not surprisingly, given China’s role as Africa’s largest source of development finance and its largest bilateral creditor, the authors defined Beijing as an “essential player in any African solution to excessive debt” and dedicated the bulk of their column to China’s role in the crisis.

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What is The China-Global South Project?


The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.


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