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flag Africa’s debt crisis, with $1.8 trillion in debt, demands urgent global financial reforms as G20 meets in Johannesburg.

flag A G20-Africa dialogue in Addis Ababa spotlighted Africa’s debt crisis, with public debt nearing $1.8 trillion and debt servicing surpassing $70 billion—outstripping health, education, and infrastructure spending. flag African leaders urged G20 reforms on credit ratings, borrowing costs, and financial autonomy. flag A report by Joseph Stiglitz’s panel highlighted extreme global inequality, recommending a permanent international panel. flag South Africa will push for debt sustainability and inclusive financing at the upcoming G20 summit in Johannesburg.

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