Africa's debt crisis: Who are the culprits?
As the COVID-19 pandemic takes its toll on Africa, not only precious lives have been lost, but also some of the world's poorest countries are slipping further into the grip of a debt crisis. The IMF recently warned that no fewer than 20 countries in Sub-Saharan Africa are either already in debt distress or at high risk of debt distress. To find a way out, it is important to answer a key question first: who is responsible for Africa's debt crisis?
Source: chinadaily.com.cn