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Is Africa facing another debt crisis?

Is Africa facing another debt crisis?

A risky mix of easy credit and easy spending

The Inquiry · BBC World Service

October 3, 201924m 9s

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Show Notes

It’s been almost 15 years since a successful campaign to erase the crushing debts of Africa’s poorest countries. Now, debt levels are again creeping up, thanks in part to a risky mix of easy credit and easy spending. We hear from a former Liberian cabinet minister, a Mozambican anti-corruption campaigner, an expert in Chinese financial flows to the continent and the World Bank’s chief economist for Africa.

Presenter: Neal Razzell

(Photo: Protestors call for debt relief in Durban, South Africa. Credit: Rajesh Jantilal/Getty Images)