Behind the Money

Is Africa’s debt cycle unbreakable?


Listen Later

Ghana was once considered a success story and a model for African development. But after suffering several economic shocks, the west African country is now struggling to pay off its debts. The FT’s west Africa correspondent Aanu Adeoye and Africa editor David Pilling explain how Ghana exemplifies the debt cycle that many African countries find themselves stuck in, and what has to change to break it. 


Clip from GhanaWeb TV

- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

How Ghana’s economy became a cautionary tale for Africa

Africa needs international help to avoid a lost decade

Ghana default puts domestic debt ‘can of worms’ in the spotlight

Ghana secures $3bn IMF deal after creditors agree to debt restructuring

- - - - - - - - - - - - - - - - - - - - - - - - - - 

On Twitter, follow Aanu Adeoye (@aanuadeoye), David Pilling (@davidpilling) and Michela Tindera (@mtindera07)


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

Behind the MoneyBy Financial Times

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

192 ratings


More shows like Behind the Money

View all
Economist Podcasts by The Economist

Economist Podcasts

4,209 Listeners

 by Financial Times

53 Listeners

World Business Report by BBC World Service

World Business Report

289 Listeners

Exchanges by Goldman Sachs

Exchanges

978 Listeners

Political Fix by Financial Times

Political Fix

145 Listeners

FT Tech Tonic by Financial Times

FT Tech Tonic

98 Listeners

Life and Art from FT Weekend by Financial Times

Life and Art from FT Weekend

197 Listeners

FT News Briefing by Financial Times

FT News Briefing

676 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,528 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,276 Listeners

The World in Brief from The Economist by The Economist

The World in Brief from The Economist

1,069 Listeners

The Rachman Review by Financial Times

The Rachman Review

140 Listeners

Working It by Financial Times

Working It

37 Listeners

Bloomberg Daybreak: Europe Edition by Bloomberg

Bloomberg Daybreak: Europe Edition

2 Listeners

The Markets by Goldman Sachs

The Markets

71 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

163 Listeners

Untold: Power for Sale by Financial Times

Untold: Power for Sale

133 Listeners

The Economics Show by Financial Times

The Economics Show

122 Listeners

Swamp Notes by Financial Times

Swamp Notes

21 Listeners