Johannesburg/Beijing/Washington — Support is growing for debt relief to help the world’s poorest indebted nations — most of them in Africa — confront the economic havoc wreaked by Covid-19. But there is a big question mark: China.

A two-decade lending spree has propelled China to the top of Africa’s creditor list and any comprehensive debt deal, including write-offs, would require Beijing to take a leading role and swallow losses, analysts say...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now