💬 Opinion May 11, 2026 · Hippolyte Fofack

How Africa Can Escape the Debt Trap

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How Africa Can Escape the Debt Trap
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Despite being the least-indebted continent, Africa remains stuck in a debt trap. The trap does not reflect the volume of debt African countries have accumulated—which is just 3% of the global total—but rather how that debt is structured and perceived, which in turn reflects a flawed global financial architecture.

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