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Articles on Debt relief

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IMF managing director Kristalina Georgieva and World Bank group president David Malpass have offered debt relief to developing countries.

Why African countries are reluctant to take up COVID-19 debt relief

African countries should tread carefully over the debt relief offered by multilateral institutions and other lenders. It could prove very costly in the medium to long term.
China’s President Xi Jinping on a state visit to Zimbabwe. REUTERS/Philimon Bulawayo

How and why China became Africa’s biggest aid donor

The increasing importance of non-traditional donors such as China has meant that the economic and political stronghold of Western countries in sub-Sahara Africa has gradually ebbed.

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