No menu items!

Debt payment of Angola, Mozambique and Cape Verde in 2023 is worth 25% of foreign reserves

By Mario Baptista

The financial rating agency Fitch Ratings warned today that there are eight countries in sub-Saharan Africa with public debt payments in 2023 that represent a quarter of foreign reserves, including Angola, Mozambique and Cape Verde.

"For the eight countries that reported reserves individually over the last six months, four (Angola, Republic of Congo, Ethiopia, Kenya and Mozambique) face external debt service payments in 2023 equivalent to more than a quarter of their reported . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content