AFRICA DEBT REPORT: STRUCTURAL WEAKNESSES PROLONG LOAN SERVICING STRESS

AFRICA DEBT REPORT: STRUCTURAL WEAKNESSES PROLONG LOAN SERVICING STRESS

   Fri, 14 May 2021

At least three African countries are spending more than 40 percent of state revenues on loan servicing. PANGEA-RISK assesses the debt sustainability outlook for Zambia, Angola, and Namibia. All three countries will struggle to improve their debt servicing outlook, despite higher commodity prices and multilateral financing support, thus maintaining a high risk of sovereign default in the medium to long-term.



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