Africa faces $59bn debt strain, W’Bank warns

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Africa faces $59bn debt strain, W’Bank warns

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Sub-Saharan Africa is projected to face a $59 billion debt strain in 2025, with increasing external debt service demands and geopolitical shocks impacting its economic stability, according to the World Bank. This raises concerns about the region's financial sustainability and development prospects.

Sub-Saharan Africa faces a $59bn debt strain in 2025, with rising external debt service pressures and geopolitical shocks clouding its economic outlook, th Read More: https://punchng.com/africa-faces-59bn-debt-strain-wbank-warns/

World Politics Markets Sub-Saharan Africa debt strain World Bank external debt geopolitical shocks economic outlook

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