Africa public bonds


African Countries Aren’t Borrowing Too Much: They’re Paying Too Much For Debt

Misheck Mutize via The Conversation | There is renewed concern about the sustainability of rising debt levels in many African countries. Much of this debt is being incurred through foreign currency denominated Eurobonds issued on international financial markets. The total value of Eurobonds issued between 2018 and 2019 was more than the value of all bonds sold between 2003 to 2016.