• About Us
  • Best Day(s)
  • Frontier Discourse
  • Home
  • livefeed
  • Owo Massacre: Ondo govt cancels Democracy Day celebrations due to terrorist attacks
  • Policies
  • Privacy Policy
  • Terms
  • Terms and Conditions

The Pacesetter Frontier Magazine

Making a Stride in Time

Africa’s Debt

Africa’s Debt Paradox: Rising Liabilities vs Stalled Development – Why Borrowing Has Not Delivered Growth

September 20, 2025 by Editor Leave a Comment

By Dr. Okelue David Ugwunta  Africa’s mounting debt crisis reveals a troubling paradox: a continent rich in natural wealth yet burdened by rising liabilities, infrastructure gaps, persistent poverty, and weak institutions. From Ghana’s prolonged debt distress to Nigeria’s liabilities consuming 75% of revenue alongside $24.14 billion in external borrowing—the pattern is clear: borrowing without transformation. … [Read more…]

Posted in: Opinion Tagged: #PacesetterFrontier, Africa's Debt, David Ugwunta, Nigeria's Debt

Copyright © 2025 The Pacesetter Frontier Magazine.

Omega WordPress Theme by ThemeHall