Browsing: debt servicing

Africa has stumbled headlong into what has been called the ‘perfect storm’’. From the heavy burden of debt servicing, the instability created by election cycles, geopolitics and war as well as the lingering threat of food insecurity caused by conflict and adverse weather conditions. Seemingly, the proverbial pandora’s box of horrors has been let ajar and the evils through different manifestations are ravaging the continent from all corners. However, as the Greek myth holds, only one thing is said to have been left in the box after it was shut; hope. Amid all the daunting troubles Africa is facing, hope for a better and prosperous Africa is the fuel to help the continent weather these ominous challenges.

We explore some of these existential challenges and some plausible solutions thereof.

Political Instability in Africa

Africa is no stranger to political instability and civil unrest which has stagnated most economies and impeded…