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To: russet who wrote (5967)1/13/2020 2:24:20 AM
From: elmatador  Respond to of 8263
 
Didn't ignore your questions. Just too busy, Quick -very quick- overview

We need to add that the remnants of the Chinese Decade:

“at least” 14 countries are either in debt distress or at high risk of debt distress up from six countries just five years earlier. Despite the Chinese departure: These African countries, currently, have total debt of around $160 billion, of which $90 billion is external debt.


That means the African countries cannot take on more debt.

Need the private sector and that means reforming their economies. I am writing that because our company -that works with solar and wind- is pushing to become an Independent Power Producer (IPP) in African countries.

Despite that high level of debt:
African economies will outperform global growth in 2020 despite a lag from its biggest countries
The top performers will be:
South Sudan (8.2%), Rwanda (8.1%) Côte d’Ivoire (7.3%), Ethiopia (7.2%), Senegal (6.8%), Benin (6.7%) and Uganda (6.2%) along with Kenya, Mozambique, Niger and Burkina Faso all expecting 6% growth.

qz.com

I will return to this