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Ethiopia’s Appeal For Debt Relief Puts China’s Loan Portfolio Under the Spotlight

Zacharias ABUBEKER / AFP

Ten months ago, Ethiopian Prime Minister Abiy Ahmed was the first African leader to sound the alarm over the debt crisis that would ensue from the then-nascent outbreak of COVID-19. African economies, he warned face an “existential threat” from the combined effects of an unprecedented public health emergency and its impact on countries’ finances.

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