Africa’s rising “unsustainable” debt is driving a wedge between the World Bank and other lenders
“African debt is on the rise, and that fact is causing tensions to spark in unexpected places. Total external debt for sub-Saharan Africa jumped nearly 150% to $583 billion in 2018 from $236 billion 10 years earlier, according to World Bank data. Many now worry the debt load is becoming unsustainable.”