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Collateralized debt and Africa’s rise from a crisis

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By on Africa's Development
Lamu Port in Kenya. Reports of China angling to seize strategic national assets if loan obligations are defaulted are being denied. www.theexchange.africa
Lamu Port in Kenya. In many African ports, the current infrastructure is insufficient to meet the current demand.

Some 11 sub-Saharan African (SSA) countries are currently at high risk of debt distress according to the latest debt sustainability analyses by the International Monetary Fund (IMF).  Already, six countries are in debt distress and the debt burden is worsening in the region where the public debt ratio to gross domestic product has surged to

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I have 10 years of experience in multimedia journalism and I use the skills I have gained over this time to meet and ensure goal-surpassing editorial performance. Africa is my business and development on the continent is my heartbeat. Do you have a development story that has to be told? Reach me at [email protected] and we can showcase Africa together.

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