Tag: #SubSharanAfrica

  • Sub-saharan Africa faces huge debt challenge: IMF

    Sub-saharan Africa faces huge debt challenge: IMF

    Paris, Oct 22 (AFP/APP):Sub-saharan Africa faces a huge challenge, made worse by the coronavirus pandemic, to find nearly $900 billion to repay massive debt and fund essential public spending, the International Monetary Fund warned Thursday. In a special report, the IMF said the region would require some $890 billion in external financing — equal to…