Next Africa: Virus Exposes Distressed Debt Across Africa

When it comes to debt, much of Africa is at a tipping point.

For years, countries have done little to tackle surging debt burdens. Now, with the world economy slammed by the coronavirus outbreak and the price of the commodities they export plunging, lockdowns are disrupting businesses both at home and in the markets they sell to. No-one knows when the supply chains will return to normal.