South Africa's G20 presidency spurs action on Africa's debt crisis

theweek.in

South Africa's G20 presidency highlighted Africa's debt crisis, advocating for debt sustainability and finance for a just energy transition. Over half of African nations face debt distress, with many spending more on debt servicing than on health or education, exacerbating development challenges. South Africa can continue advocating for solutions post-presidency by preparing a report on African finance access and potentially forming an African Borrower's Club.


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