Debt distress in Africa: biggest problems, and ways forward

By Danny Bradlow, SARCHI Professor of International Development Law and African Economic Relations, University of Pretoria
Magalie Masamba, Post-doctoral Fellow, Centre for Human Rights, University of Pretoria

The COVID pandemic has had a profoundly negative impact on Africa’s sovereign debt situation. Currently, 22 countries are either in debt distress or at high risk of debt distress. This means that African governments are struggling to pay the debts that they incurred on behalf of their states. For example, Mozambique and Zimbabwe are already in debt distress. Others at…

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