34 African countries spend more on debt payments than healthcare, education - Christian Aid Report
A report published by Christian Aid and its partners has revealed that more than half of African countries are spending a significant amount of their budgets on servicing debt at the expense of critical funding to sectors such as education, healthcare and infrastructure. The report titled Between Life and Debt reveals that African countries paid $85 billion in debt repayment to external creditors in 2023, the highest since 1998.
