Africa's public debt will stay above pre-pandemic levels in 2024 and 2025, with many countries still at risk of falling into debt distress as they continue to struggle to service international loans, a UN official said on Wednesday.
Addressing a United Nations Commission for Africa (Uneca) conference in Victoria Falls, the agency's macroeconomics and governance director Adam Elhiraika said eight countries were in debt distress, while 13 were "expected to be at risk of debt distress".
