S ince the spring of 2022, no country in sub-Saharan Africa has issued a bond on international markets. The yields on African debt have climbed so high that most governments can no longer afford to borrow. The usual explanation is that investors are fleeing risky assets at a time of global uncertainty. But is African debt as perilous as foreign lenders assume?
S INCE 2022年春季，撒哈拉以南非洲的任何国家都没有对国际市场发行债券。非洲债务的收益率上升如此之高，以至于大多数政府不再负担得起借贷。通常的解释是，在全球不确定性时期，投资者正在逃离冒险资产。但是，非洲债务是否像外国贷方一样危险吗？
