Listen On:
Moody's Talks - Emerging Markets Decoded
Episode 20
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January 6, 2021
Credit stress will persist in Sub-Saharan Africa amid bumpy economic recovery
Inside this episode
Aurelien Mali and David Rogovic of the Sovereign team discuss the economic and credit implications for Sub-Saharan Africa of weaker global demand and constrained access to financing, as well as how a more diverse creditor base complicates debt negotiations and liquidity relief for countries in the region with lower credit quality.
Related Content
- Moody's Emerging Markets Hub Bringing clarity to ever-shifting credit dynamics across emerging economies.
- Sovereign Monitor: Impact of coronavirus on Sub-Saharan Africa, November 2020
- Sovereign and Supranational - Sub-Saharan Africa: More dispersed creditor base complicates potential debt restructuring negotiations. The willingness of Chinese creditors to accept losses on principal in particular will have important implications for potential losses incurred by bondholders.
