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Zambia Debt Crisis Just the Ears of the Hippopotamus in Africa’s Perilous Fiscal Position

[Daily Maverick] Zambia's debt crisis is part of a much bigger affliction facing many sub-Saharan African countries which have been sinking in sovereign debt since the financial crisis of 2008. Persistent systemic governance and economic challenges accompanied by external shocks have led to a rise in the continent's indebtedness.

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