African debt is a painful subject for the continent, and in many ways a dark one: no one dares give exact figures, but one thing is certain: Africa’s debt is far more than it can afford. The loans of different types (with interests and without), and investments – most with “conditions”. Let us try to calculate the approximate debt figures ...
For many years, speeches have been given at various international meetings to release or reduce the debts of some of the world’s poorest countries. These demands are highly expressed at every related or unrelated meeting of the United Nations. Due to the COVID-19 outbreak, calls for a reduction in debt by poor African countries have increased. In a statement issued ...