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China’s Role in the Burgeoning Debt Challenge in Africa

by Eric Olander

The debt situation in Africa is changing very quickly as some countries race to negotiate urgent bailouts with the IMF while others are struggling to service their debts amid the ongoing pandemic. Pretty much every country across the continent is struggling right now.

And China is a key player in every part of this story, whether it’s as a major player in the G20’s Debt Service Suspension Initiative (DSSI) or as the primary bilateral creditor to at least ten countries that are now confronting rising levels of debt distress.

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