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Ireland's president warns Africa's debt payments will hit $163B in 2024, urging global action.
Ireland's President Michael Higgins warned that Africa's debt service payments will reach $163 billion in 2024, more than double the $61 billion paid in 2010.
Higgins called for global collaboration to address Africa’s crises, including climate change and food insecurity, and proposed capping debt service at 15% of revenue to save Sub-Saharan Africa at least $97 billion annually for social and environmental programs.
The African Development Bank praised Ireland's commitment to Africa's development.
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El presidente de Irlanda advierte que los pagos de la deuda de África llegarán a $163B en 2024, instando a la acción global.