SPECIAL REPORT: Exclusive to Orbitt readers
Proposals on how to redirect IMF international reserve assets from developed countries to emerging markets are failing to make headway. The prospect of blanket debt relief in Africa remains remote, while deferred interest on bilateral and concessional loans will become due from next year. Few countries will be able to make such bullet payments on time. Nevertheless, some debt distressed countries are benefitting from case-by-case relief measures and settling of long-held arrears.
Pangea-Risk is a specialist intelligence firm providing analysis and forecasts on political, security, and economic risk in Africa and the Middle East. The company was founded in 2015 as EXX Africa, rebranded as Pangea-Risk in 2020, and has since become a leading risk advisory and consultancy with a broad network of clients ranging from DFIs, banks, traders, corporates, and insurers, to governments, counter-terrorism, and military forces worldwide.