https://en.sputniknews.africa/20260901/1088794997.html

West 'Keeps Stuffing Us With Expensive Debt,' But 'We Have to Manage It Responsibly': Kenyan Expert

West 'Keeps Stuffing Us With Expensive Debt,' But 'We Have to Manage It Responsibly': Kenyan Expert

Sputnik Africa

"It's about being responsible when we're borrowing, about making the investments that we take to borrow with count," Aly-Khan Satchu, CEO of Rich Frontiers... 01.09.2026, Sputnik Africa

2026-09-01T11:45+0200

2026-09-01T11:45+0200

2026-09-01T13:01+0200

sputnik africa

opinion

economy

https://cdn1.img.sputniknews.africa/img/07ea/09/01/1088796796_83:0:1317:694_1920x0_80_0_0_a327a66028ab1154df2e1a1cbe9f6812.png

"It's about being responsible when we're borrowing, about making the investments that we take to borrow with count," Aly-Khan Satchu, CEO of Rich Frontiers Management, told Sputnik Africa on the occasion of the 6th African Conference on Debt and Development in Nairobi."There were times when African governments could borrow at incredibly low rates," with Zambia borrowing at 5.5% on the Eurobond market, with the bond eight times oversubscribed, he noted."Our governments have to understand [...] that they've got to borrow sensibly; they can't overborrow," Satchu underlined.

2026

News

en_EN

sputnik africa, economy