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Sub-Saharan Africa faces massive debt-servicing shock, study warns – The North Africa Post

Sub-Saharan Africa faces massive debt-servicing shock, study warns – The North Africa Post
northafricapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northafricapost.com Daily Mail and Mail on Sunday newspapers.

Melinda gates foundation backedParis based financeComing debtSub saharan africanSub saharan africa

The developing world is facing a $2 5trn debt shock

If current conditions were to continue, a generalised debt crisis could materialise, especially in sub-Saharan Africa and lower-middle-income countries more broadly, the authors warned.

South africaUnited statesFrance generalEl salvadorCharles albinetMartin kesslerDevelopment labMelinda gates foundation backedComing debtSaharan africa