Africa’s debt disaster: How nations can keep away from default | DW News
Still recovering from the pandemic and the price shock of the Ukraine War, African countries are facing yet another economic crisis: Higher prices and trade distortions from the Iran War. We speak with African experts about growing debt piles, the social instability threatened by rising fuel and food prices and the imperative for countries to make reforms.
Chapters:
00:00 Intro
00:22 How does a country default?
03:51 Which countries are in the most danger?
06:07 It’s not all downsides
07:28 What can the world do?
08:42 Conclusion
#economy #africa #economiccrisis #dwbusiness
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