InsightsWebinar: Where Credit is Due: How African Debt Can Be a Benefit Not a Burden
Webinar: Where Credit is Due: How African Debt Can Be a Benefit Not a Burden
Sep 15, 2022
The African debt landscape has changed radically in the first two decades of the twenty-first century. The new debt composition has increased risk, exacerbated by the pandemic: richer countries borrowed at rock-bottom interest rates, while Africa faced an expensive jump in indebtedness. A new approach is needed, and could turn crisis into opportunity. Urgent action by both lenders and borrowers can reduce risk, while carefully preserving market access; and smart deployment of private finance can provide the scale of investment needed to achieve development goals and tackle the climate emergency.
Video recording: Link