A future COVID-19 African debt crisis?

“This week, private sector lenders rejected Zambia’s request for a payment holiday, and by doing so fuelled concerns that ‘Africa’ would be falling into a debt crisis.This kind of action and speculation is highly problematic. Not only does it label Africa’s 55 countries as one, it also appears to be based on information that is contrary to data and cannot be rationally explained.”

via Development Reimagined