Graph of the Day: China’s Real Share of African Debt

Amid the news that Zambia has moved towards the official start of negotiations with its private creditors, it is worthwhile remembering that China’s share of African debt is far outstripped by debt to private sector lenders in the U.S. and Europe and Western-led multilateral lenders. This is a fact that’s easy to miss, considering the outsized emphasis on Chinese debt in the press coverage.

For this reason, this new report from the Atlantic Council on the current state of debt settlements in the Global South is very interesting. 

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by Cobus van Staden

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