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Over 32 African countries on high risk of debt distress
By BUUMBA CHIMBULU in Abidjan
MORE than 32 African countries are on high risk of debt distress, a development which has led to many governments concentrating more on servicing their debt while depriving social spending.
Africa’s total debt has increased to US$1.31 trillion in 2024 from US$238 billion in 2000.CLICK HERE TO READ MORE