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The commitment is significant, but no larger than the pledge made at the last FOCAC three years ago. Meanwhile, although this year’s summit emphasised Africa’s place in China’s…
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DOI: 10.1108/OXAN-DB238250
ISSN: 2633-304X
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Debt sustainability is a major concern as African economies reel from the worst economic crisis in decades
If it cannot pay or reach a bondholder deal within a 14-day grace period, it would become the third African country to default since 2020. These defaults reflect a broader…
The announcement of this new fund comes at a critical time for East Africa’s development. Regional governments are seeking to hasten recovery from recent economic setbacks and…
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DOI: 10.1108/OXAN-DB272723
ISSN: 2633-304X
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The announcement provoked panic among some bondholders but their concerns appear unfounded given Ethiopia's overall debt sustainability and the government's ability to engage with…
Living standards are set to decrease further, with the number of Africans in poverty projected to rise for the first time in two decades. Current debt relief initiatives look…
Impact investment in Africa.
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DOI: 10.1108/OXAN-DB225156
ISSN: 2633-304X
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African debt burdens
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DOI: 10.1108/OXAN-DB227959
ISSN: 2633-304X
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Topical
Although the minister’s tour included visits to several of the region’s Chinese-funded infrastructure mega-projects, Wang Yi was careful to cast these investments as just one…
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DOI: 10.1108/OXAN-DB267423
ISSN: 2633-304X
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Geographic
Topical
This typifies a growing debt problem facing Sub-Saharan African (SSA) states borrowing in dollars: as local currencies depreciate on softening commodity prices, repayment costs…