Africa’s total debt stock, both external and domestic currently stands at $500 billion. The African Development Bank (AfDB) revealed this during Thursday’s public presentation of African Economic Outlook 2020 in Abidjan. The AfDB President, Dr Akinwumi Adesina who made the disclosure said Median Debt to Gross Domestic Product (GDP) had risen from 38 per cent … Continue reading Africa’s debt stock now stands at $500 billion