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Magnifying glass over Africa map with national flags, highlighting Africa’s $155 billion borrowing s.

Africa’s $155 Billion Borrowing Surge Signals Growth

Africa’s economies are entering 2026 with a clear signal: governments are borrowing more—not just to manage pressure, but to sustain momentum. A new outlook from S&P Global Ratings projects that African countries will raise about $155 billion in commercial debt this year, marking an increase of roughly 10–11% from the previous year. At first glance, […]

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