Tag: EAC
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World Bank Raises the Alarm About African Debt Distress (Again)
For the second time in a week, the World Bank has raised the alarm about mounting debt in Africa. A new blog post shows that not only has public debt in Southern and Eastern Africa doubled over the last decade, but the proportion of pricy private debt is also ...
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By Peter Apps As U.S. Vice President JD Vance returned to Washington last weekend after unsuccessful peace talks in Pakistan over the crisis in the Gulf, China’s Foreign Ministry was preparing for a bumper slate of visitors, including Russian Foreign Minister Sergei Lavrov and the leaders of Spain, ...
World Bank Raises the Alarm About African Debt Distress (Again)
For the second time in a week, the World Bank has raised the alarm about mounting debt in Africa. A new blog post shows that not only has public debt in Southern and Eastern Africa doubled over the last decade, but the proportion of pricy private debt is also ...