Tag: debt trap
Countries have been borrowing extensively to mitigate the impact of COVID-19 which could put some of them in a debt trap. So what can be done to avoid that? Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.
Last year, China pledged $60 billion in loans to Africa with the amount raising eye brows in some countries that felt they were falling into a debt trap, a fact that has been refuted by leaders on the continent, CNBC Africa's Arnold Kwizera caught up with Africa Development Bank (ADB) President Akinwumi Adesina for more.