Southern Africa: Soverign Debt Distress - Biggest Problems, and Ways Forward ...Middle East

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Southern Africa: Soverign Debt Distress - Biggest Problems, and Ways Forward
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[The Conversation Africa] The COVID pandemic has had a profoundly negative impact on Africa's sovereign debt situation. Currently, 22 countries are either in debt distress or at high risk of debt distress. This means that African governments are struggling to pay the debts that they incurred on behalf of their states. For example, Mozambique and Zimbabwe are already in debt distress. Others at high risk include Malawi, Zambia and Comoros.

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