Senegal: Senegal's Crisis - Why Debt Restructuring May Be the Least Bad Option

Senegal is facing a serious debt crisis. The IMF estimated the country's debt at 132% of GDP at the end of 2024. Debt servicing costs are projected at 5.5 trillion CFA francs… Read more »

Africa: Private Credit Rating Agencies Shape Africa's Access to Debt. Better Oversight Is Needed

Africa's development finance challenge has reached a critical point. Mounting debt pressure is squeezing fiscal space. And essential needs in infrastructure, health and education… Read more »

Africa: Africa, Rating Agencies and the Cost of Debt

How much we pay for the debt that we incur determines a great deal in our lives. This is true of countries too. In the world of sovereign debt - money raised or borrowed by… Read more »

Africa: The G20 Was Built to Stabilise the World's Economy - but It's Failed On Climate, Debt and Inequality

The Group of Twenty (G20) emerged from the financial turmoil that followed the collapse of the Thai currency in 1997, which rapidly spread financial instability from Thailand to… Read more »

Lesotho: Fossil Science Owes a Debt to Indigenous Knowledge - Lesotho Missionary's Notes Tell the Story

For over a century, the scientific literature has credited western missionaries with "discovering" fossils in Lesotho, the small, mountainous country surrounded by South Africa. Read more »

Africa: Africa Has a Debt Crisis - Momentum From G20 in South Africa Can Help Find Solutions

The end of South Africa's G20 presidency does not mean the end of its ability or responsibility to promote the issues it prioritised during 2025. It can still advocate for action… Read more »

Africa: Africa's Borrowing Costs Are Too High - the G20's Missed Opportunity to Reform Rating Agencies

One of the commitments the South African presidency of the G20 made in its policy priorities document at the beginning of 2025 was to push for fairer, more transparent sovereign… Read more »

South Africa: South Africa's Student Debt Trap - Two Options That Could Help Resolve the Problem

Education is widely regarded as the road to a better life. Yet the rising cost of tertiary education means many students can only go to university if they get financial aid,… Read more »

Africa: African Debt and Climate Change - How the ICJ's Vanuatu Ruling Could Be Used for Broader Justice

African sovereign debtors in distress face terrible choices. They are often forced to choose between fully paying their creditors and financing the needs of their populations -… Read more »

Africa: Climate Change Is Making Africa's Debt Burden Worse - New Debt Contracts Could Help

Many African countries are already struggling with heavy debt burdens. Climate change is making this worse. Africa contributes the least to global emissions but suffers the most… Read more »