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'System Has Not Worked in Africa's Favor,' Financial Expert on Debt Crisis

'System Has Not Worked in Africa's Favor,' Financial Expert on Debt Crisis

Sputnik Africa

'System Has Not Worked in Africa's Favor,' Financial Expert on Debt Crisis African countries "find themselves today financially dependent" due to a combination... 01.09.2026, Sputnik Africa

2026-09-01T15:34+0200

2026-09-01T15:34+0200

2026-09-01T15:44+0200

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'System Has Not Worked in Africa's Favor,' Financial Expert on Debt Crisis African countries "find themselves today financially dependent" due to a combination of government mismanagement and Western institutions lending money that end up "enriching the people in power," Aly-Khan Satchu told Sputnik Africa."The privatization of public debt has happened a considerable amount in Africa," he noted. What is needed for the system to work in Africa's favor? Watch the video to find out.Subscribe to @sputnik_africa Sputnik Africa | X

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