Debt Crises and Sovereign Risk in Africa by Ndzalama Mathebula - 9781032941387

Debt Crises and Sovereign Risk in AfricaAuthor(s): Ndzalama Mathebula\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032941387, 978-1032941387\nSynopsis\nThis book examines the resurgence of debt crises in Africa following the Covid-19 pandemic. It deciphers the debt crisis phenomenon through the discourse of sovereign risk, which has been paid insufficient attention within the African context. It seeks to appreciate facets that continue to lead African states to a debt-default position.\n\nThe book focuses on the pre-stages of default and debt default risks. It explores and investigates whether South Africa was and continues to be financially capable of servicing its International Monetary Fund (IMF) loan, granted in 2020 for the COVID-19 pandemic. While investigating how and why Ethiopia and Ghana have already defaulted on their post-pandemic loans from the IMF. It examines the idea of sovereign risk in Africa through a qual.