The EU and its 27 members are Africa's largest trading partner, making up some 31% of the continents exports and 29% imports. A debt moratorium would certainly help, although the problem is further complicated by the fact that African debt is expensive and repayments crippling to some nations. Tutwa Consulting senior associate Azwimpheleli Langalanga said any subdued demand from the EU for African exports would be most pronounced in commodities. "I think African countries need the moratorium on debt repayment so they can focus on more urgent issues. "Access to easy debt may then further indebt African countries which are already suffering from serious debt problems.

Source: News 24 June 09, 2020 16:52 UTC