However, his call has been amplified in subsequent virtual meetings by African leaders, who say more multilateral and bilateral lenders should consider easing debt obligations. DEBT TRAPSome experts think the pandemic has only enhanced calls for what is necessary for Africa. Mr Leonard Wanyama, Coordinator, East Africa Tax and Governance Network in Nairobi told the Nation that debt, especially from China, has been on the minds of African leaders, as the public raises concerns. Mr Wanyama, however, thinks there could be political benefits for China if it agrees on debt cancellation. There are going to have to be financial readjustments.”Mr Pompeo challenged China to consider giving the continent debt relief during this time as it had “imposed” debt on the continent.

Source: Daily Nation May 05, 2020 17:37 UTC