Tag: SADC
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China’s Top Diplomat For Africa Leads Discussion on Infrastructure Development in Southern Africa
The African Union's representative office in Beijing co-hosted a roundtable discussion this week on Chinese infrastructure development in the Southern Africa Development Community (SADC). China's top diplomat for Africa, Wu Peng (center top), delivered the keynote address for the virtual event, ...
5 Recommendations for Tackling the Sovereign Debt Challenge in Southern Africa
By Daniel Bradlow and Magalie Masamba The COVID-19 pandemic has had a particularly profound adverse impact on Africa’s sovereign debt situation. Currently, 22 low-income African countries are either in debt distress or at high risk of debt distress. This situation is likely to ...
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 ...