China and the West take a step to ease Africa’s debt crisis
A deal for Ghana is the first test case for a new approach
GHANA MADE history when it led the wave of sub-Saharan African countries that won independence more than six decades ago. It may now be making history again, as the first test case for a new approach to debt relief. China and Western governments may have overcome one barrier to restructuring the billions of dollars owed by countries with unsustainable debts.
This article appeared in the Leaders section of the print edition under the headline “The debt-relief duet”
From the May 20th 2023 edition
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