Update on the Chinese Debt Situation in Africa

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By The China Africa Project. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Chinese debt relief talks are underway in a number of African countries including Angola, Zambia, Kenya, and Ethiopia among others but you wouldn't really know it. Officials on all sides aren't saying much and there's relatively little press coverage on the issue.

Meantime, a growing number of African countries are signing on to the G20's common framework while at the same time negotiating debt deferral deals with the IMF and other multilateral creditors. In terms of private creditors, there's been little to no progress on any meaningful restructuring of the billions of Eurobond obligations owed by African borrowers.

Mark Bohlund, a senior credit research analyst at REDD Intelligence in London, closely follows everything going on in the African debt market. He joins Eric & Cobus to provide an update on China's role in the debt situation confronting many of Africa's largest economies.

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