The International Politics Around Africa’s Debt
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Dossier

The International Politics Around Africa’s Debt

Maddalena Procopio
24 luglio 2020

Africa’s growing public debt had sparked a renewed global debate about debt sustainability on the continent well before the COVID-19 pandemic. Africa’s allegedly unsustainable indebtedness is largely owing to the emergence of China as a major financier of African infrastructure, resulting in a narrative that China is using debt to gain geopolitical leverage by trapping poor countries into unsustainable loans. Although most Chinese loans have targeted large financing gaps in the development of Africa’s transportation and energy infrastructure, managing this new role as Africa’s creditor poses unprecedented challenges for Beijing. This has become even more evident during the COVID-19 outbreak. What is the nature of African countries’ indebtedness? Is China luring the continent toward the so-called “debt trap”? Would it be possible to restructure Africa’s debt? And how? And what prospects for Africa’s development trajectories?

The Evolving Nature of Africa’s Debt and Its Sustainability
Giulia Pellegrini
Allianz Global Investors
Africa’s Dilemma: Human Needs vs Creditors’ Rights
Daniel Bradlow
University of Pretoria
The West and China in Africa: Cold War or Handshake?
David Dollar
The Brookings Institution
China’s Lending to Africa: A Giant’s Vulnerabilities
Lu Jiang
Shanghai University of International Business and Economics
Chinese Debt and the Myth of the Debt-Trap in Africa
Yunnan Chen
Overseas Development Institute (ODI)
China and Africa: Debt, Development and Geopolitics
Chris Alden
London School of Economics (LSE)
Africa and the Need for a New Debt Restructuring Architecture
Mma Amara Ekeruche
Centre for the Study of the Economies of Africa
Africa’s Debt Management: Between Shock and Resilience
Angela Benefo
Development Reimagined
Africa's Debt: What's in the Debate?
Maddalena Procopio
ISPI

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Tags

Africa Economy
Versione stampabile

EDITED BY

Maddalena Procopio
Associate Research Fellow - ISPI Africa Programme

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