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Africa in the News: UNCTAD releases report on African debt, the ANC seeks coalition partners, Zambia publishes election results
How should African countries finance their efforts to meet the post-2015 development agenda objectives without increasing their debt to unsustainable levels? A report launched by the United Nations Conference on Trade and Development (UNCTAD), the Economic Development in Africa Report 2016: Debt Dynamics and Development Finance in Africa, argues that harnessing all financing options—external and domestic debt, as well as complementary modalities—is important for obtaining the required funding for achieving the region’s development targets, which amounts to between $600 billion to $1.2 trillion according to recent estimates.