African finance ministers are having to make impossible choices between paying the salaries of civil servants, keeping schools and hospitals open or compensating foreign investors. People are fed up with governments failing to improve conditions.
Mix this with a young and increasingly urban population that voraciously consumes social media, and you have an explosive cocktail. If anything, it’s surprising the continent isn’t suffering more social and political chaos.
ymptoms of economic distress — not the causes.
Javier Blas Bloomberg 12 september 2023
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