Is sub-Saharan Africa facing another systemic sovereign debt crisis?

SUMMARY Concern is increasing about the prospect of a new sovereign debt crisis in countries across sub-Saharan Africa.1 The previous debt crisis of the 1990s is still fresh. It has only been 14 years since officials from major creditor countries (a group known as the Paris Club)2 and multilaterals adopted the ambitious Multilateral Debt Relief … Continue reading Is sub-Saharan Africa facing another systemic sovereign debt crisis?