If it is not, and conditions do not change, more borrowing will be needed to make payments, and external debt will grow faster than the country's capacity to service it. Countries in sub-Saharan ...
Interest payments on long-term debt in sub-Saharan Africa rose nearly seven-fold to $26 billion between 2010 and 2023, according to the World Bank. The increase came as the region’s foreign ...
In fact, according to the World Bank’s 2018 Africa’s Pulse report, average public debt as a percentage of GDP in sub-Saharan Africa rose from 37 to 56 percent between 2012 and 2016. By 2018, 40 ...
Interest payments on long-term debt in sub-Saharan Africa surged nearly sevenfold between 2010 and 2023, reaching $26 billion, according to the World Bank. The sharp rise coincided with the region ...
The 2024 Africa Country Policy and Institutional Assessment (CPIA) report covers the period January to December 2023. In 2023, the average CPIA score for IDA-eligible countries in Sub-Saharan Africa ...
The October 2024 edition of Africa’s Pulse reports a fragile economic recovery in Sub-Saharan Africa, with growth projected at 3% in 2024 ... Fiscal balances are improving as governments cut ...