African Nations face debt versus development challenge in 2025
David McNair, the executive director of One Campaign, has stated that over 20 African countries are projected to spend more on debt servicing than on essential services, such as healthcare and education, by 2025. In an interview with Africa News, McNair attributed this crisis to high borrowing costs and slow debt restructuring processes. He has urged global institutions to help lower borrowing costs during South Africa's G20 presidency. "The […]
