Debt-to-GDP ratio - The Habari Network

African Countries Struggle with High Government Debt

High Government Debt Bedevils African Countries

By Gregory Simpkins High levels of debt have long plagued some African countries (as well as other countries worldwide). High government debt can have far-reaching impacts...

African economic development constrained by high borrowing costs despite low debt ratios

Opinion2 months ago

The Arithmetic of Injustice: Why Africa Pays for Debt It Doesn’t Owe

By Kelly Mua Kingsly The numbers tell a peculiar story. Africa’s projected debt-to-GDP ratio stands at 60.8 percent for 2026 – a figure that would be...

Illustration of Africa weighed down by heavy debt chains, symbolizing how rising sovereign debt blocks development, infrastructure investment, and social services across the continent.

Opinion3 months ago

Africa’s Debt Trap: Why Borrowing Is Blocking Development

By Kingsley Moghalu A striking statistic from The Africa Report crystallizes the continent’s fiscal crisis: many of Africa’s poorest countries now spend more on debt service...

African finance minister reviewing national budget documents, highlighting rising debt servicing costs despite falling Debt-to-GDP ratios, with charts showing fiscal pressures on health, education, and infrastructure spending.

Opinion7 months ago

Africa’s Debt Paradox: Falling Ratios, Rising Burdens

By Kelly Mua Kingsly Across Africa, headlines trumpet fiscal recovery: Debt-to-GDP ratios are declining. Nigeria, Kenya, Ghana, and Cameroon are all showing signs of stabilization. Commodity...