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How bad is Africa’s debt problem?

European, American and African leaders, together with financial institutions are looking for a new financial deal for the African continent.

European, American and African leaders, together with financial institutions, are looking for ways to help restart growth in Africa after the Covid health crisis. Described as the β€œNew Deal” for African economies, leaders aim to find solutions to Africa’s international debt, which could see the continent fall into recession. In Africa Daily Nancy Kacungira has been looking at the extent of Africa’s debt problem and how a deal might help the continent.

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16 minutes

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