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African civil organisations renew push for debt cancellation
Saturday, July 05, 2025
- 4 min read
By
Julius Maricha
What you need to know:
African governments are now spending more on external debt servicing than on social services, with repayments consuming around 14 percent of national budgets.
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E.Africa to spend $23 billion on debt servicing
IMF: Africa’s growth strong, but debt costs a concern
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