This Wednesday's 'Business in Africa' feature takes a look at national debt. a number of countries are facing an external funding struggle explains Refilwe Moloto, Founder and Principal Advisor at Ambassador Advisory.
Moloto says it is important to unpack national debt because we tend to assume it's far away, at a government level, without taking into account how pervasive it is for ordinary citizens and business.
She says a country such as Nigeria, doesn't have a lot of debt to GDP, but has structural problems which makes it unattractive to lend to.
Mozambique’s credit lines from Japan are freezing up because of their hidden debt.— Refilwe Moloto, Founder and Principal Advisor at Ambassador Advisory
Listen to the rest of Business in Africa by clicking on the clip below:
This article first appeared on 702 : Business in Africa: Understanding the impact of national debt