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Sub‑Saharan Africa: An evolving debt landscape brings new challenges

Historical debt dynamics and their consequences While short‑term disruptions often command attention, more gradual shifts in Sub-Saharan Africa’s debt profile have been quietly reshaping underlying vulnerabilities over the last decades. After independence in the 1960s and 1970s, many Sub‑Saharan African countries accumulated debt to finance development and state formation. This debt build‑up accelerated after external…