Manage episode 285958177 series 2776077
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.
JOIN THE DISCUSSION:
SUBSCRIBE TO THE CAP'S DAILY EMAIL NEWSLETTER
Your subscription supports independent journalism. Subscribers get the following:
1. A daily email newsletter of the top China-Africa news.
2. Access to the China-Africa Experts Network
3. Unlimited access to the CAP's exclusive analysis content on chinaafricaproject.com
Subscriptions start at just $7 a month. Use the promo code "Podcast" and get a 20% lifetime discount on your annual subscription: www.chinaafricaproject.com/subscribe