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The Conversation
The Conversation
Danny Bradlow, Professor/Senior Research Fellow, Centre for Advancement of Scholarship, University of Pretoria

Easing Africa’s debt burdens: a fresh approach, based on an old idea

The statistics are stark: 54 governments, of which 25 are African, are spending at least 10% of their revenues on servicing their debts; 48 countries, home to 3.3 billion people, are spending more on debt service than on health or education.

Among them, 23 African countries are spending more on debt service than on health or education.

While the international community stands by, these countries are servicing their debts and defaulting on their development goals.

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