S P Global Ratings has cautioned that African governments face rising debt risks as hard-currency repayment schedules in 2026 increase pressure on external buffers, contributing to rollover risks.
The agencys latest African sovereign outlook report published on Monday shows that government external debt repayments are now over three times larger than in 2012.
Structurally high debt and low, concentrated revenue bases will continue to pose key risks and, with government external debt repayments likely to exceed 90 billion this year, external vulnerabilities have also increased, S Ps Benjamin Young wrote in the report.
