Africa has a Debt Crisis: Momentum from G20 in South Africa can Help Find Solutions

The end of South Africa’s G20 presidency does not mean the end of its ability or responsibility to promote the issues it prioritised during 2025. It can still advocate for action on some of these issues through its further participation in the G20 and in other international and regional forums.

The G20: How it Works, Why it Matters and What Would be Lost if it Failed

South Africa took over the presidency of the G20 at the end of 2024. Since then the world has become a more complex, unpredictable and dangerous place.

Trump’s War on Global Governance: Lessons from the Past on How to Fight Back

US president Donald Trump’s recent actions seem designed to reassert American power and demonstrate that it is still the dominant global power and is capable of bullying weaker nations into following America’s lead.

The IMF is Failing Countries like Kenya: Why and What can be Done About it?

The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial problems, which are being exacerbated by a rapidly changing global political economy.

South Africa will be President of G20 in 2025: Two much-needed Reforms it Should Drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global economy, 75% of world trade and 67% of global population. The G20 defines itself as the premier multilateral forum for international economic cooperation.

Africa’s Debt Crisis Needs a Bold New Approach– & a Way Forward

It hasn’t been easy for African states to finance their developmental and environmental policy objectives over the past few years. Recent events suggest that the situation may be improving. For the first time in two years, three African states have been able to access international financial markets, albeit at high interest rates. Kenya, for example, is now paying over 10% compared to about 7% in 2014.

Debt Distress in Africa: Problems and Ways Forward

The COVID pandemic has had a profoundly negative impact on Africa’s sovereign debt situation. Currently, 22 countries are either in debt distress or at high risk of debt distress.

Africa Needs a DOVE Fund: Or Should We Starve So We Can Pay our Debts?

Sub-Saharan Africa has a debt problem. According to the most recent World Bank debt statistics, in 2018 the region had about $493 billion in long term external debt.