Good Morning Africa
Good Morning Africa is your daily source of Economy and Business news from the continent. It is a product of @TheKFinancial, hosted by Ruth Adong.
Good Morning Africa
Africa’s Debt Crisis: Borrowing to Survive
•
The K Financial
•
Season 5
•
Episode 7
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
Africa is staring down a growing debt crisis — one that didn’t happen overnight. Today, the continent is spending over $1.4 trillion servicing debt, even as economies struggle to grow and governments race to meet rising public needs.
In this episode, Jason Rosario Braganza unpacks how Africa got here, why some countries are defaulting, and what needs to change if the continent is to break free from this cycle of borrowing to survive.