African states expect a devastating impact on their economies this year from the Covid-19 pandemic and are appealing for relief from repayments on billions of dollars in outstanding debt to cope. Most of those appeals involve China, the biggest lender to the continent, but it is unclear how Beijing will respond.Angola, Zambia, Sudan and the Republic of Congo (Brazzaville) are among those seeking relief, arguing they need to reallocate funds to health care and equipping hospitals to fight the…
from South China Morning Post https://bit.ly/35HSG3L
Tuesday, May 5, 2020
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