“Many African countries were already in debt distress before COVID-19, and the pandemic has made it worse, lifting average debt-to-GDP ratios from about 60% to 70%. The G20 Debt Service Suspension Initiative was extended to June 2021. But much more is needed.”
COVID-19 Africa Watch tracks major developments and policy announcements from across the continent and also offers a curated selection of analysis on how the pandemic will impact African economies and development efforts. The site is a project of the Milken Institute’s Global Market Development Practice.
A hub for information, analysis, and the global response to COVID-19’s impact on Africa