Africa Economics

Africa Economics Focus

15 November, 2016

African Debt: Troubles contained in a few countries

Mozambique’s worsening debt scandal has prompted fears of a string of debt crises across Africa. We believe, however, that the worst debt problems will be centred in Angola. Ghana and Zambia also look vulnerable, though things seem to be moving in the right direction. Were growth to slow, Kenya could also get into difficulties over the longer term.

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