Tagged as: Debt Burden

People coming together to fix the debt problem. Photo credit - AI Generated

Africa’s Debt Burden Soars, Sparking Fears of an Impending Financial Crisis

Introduction Africa is facing an unprecedented debt crisis that threatens to undermine its economic stability and halt years of progress. Over the past decade, the continent’s total external debt has surged to approximately $1.15 trillion in 2023, with projections expecting it to reach $1.29 trillion by 2028. This rapid increase

Read More