32 African countries now spend more on debt servicing than healthcare - Experts
Nigeria, May 28 -- At least 32 African countries now spend more on debt servicing than on healthcare, exposing the growing human cost of the continent's worsening debt crisis, experts said on Wednesday at the opening of the sixth edition of the AFRODAD Media Initiative (AFROMEDI VI) in Nairobi, Kenya.
Participants at the continental media training also heard that 25 African countries currently spend more on debt repayments than on education, while about 57 per cent of Africans live in countries where governments spend more servicing debt than on health and education combined.
The three-day programme, organised by African Forum and Network on Debt and Development (AFRODAD) and supported by Transparency International Kenya and Stop the Bl...
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