Inside this episode
Aurelien Mali and David Rogovic of the Sovereign team discuss the economic and credit implications for Sub-Saharan Africa of weaker global demand and constrained access to financing, as well as how a more diverse creditor base complicates debt negotiations and liquidity relief for countries in the region with lower credit quality.
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- Sovereign Monitor: Impact of coronavirus on Sub-Saharan Africa, November 2020
- Sovereign and Supranational - Sub-Saharan Africa: More dispersed creditor base complicates potential debt restructuring negotiations.The willingness of Chinese creditors to accept losses on principal in particular will have important implications for potential losses incurred by bondholders.