Top 10 most indebted countries in Africa

African countries are grappling with mounting debts to the International Monetary Fund (IMF), as ten nations emerge as the most indebted in Q4 2024. These debts reflect a dependence on external financing to address fiscal challenges, particularly during economic crises.

IMF loans offer financial relief but often have strict conditions, including subsidy cuts, currency adjustments, and austerity measures. While intended to stabilize…